Form 4 for OSPN OneSpan Inc.
Accepted 2025-01-03 00:00:00 ET · period of report 2024-12-31 · accession 0001562180-25-000133 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-01-03 | 2024-12-31 | OSPN | Mataac Lara | GC | F - Tax | $18.54 | -17.4K | 45.0K | -28% | -$322.9K |
| DM | 2025-01-03 | 2024-12-31 | OSPN | Mataac Lara | GC | M - OptEx | $0.00 | +42.6K | 61.4K | +227% | $0 |
| DM | 2025-01-03 | 2024-12-31 | OSPN | Mataac Lara | GC | M - OptEx | $0.00 | -42.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-12-31 | F | D | 1,003 | $18.54 | 47,367 | D | — | — | |
| 2 | Common | Common Stock | 2024-12-31 | M | A | 3,416 | $0.00 | 48,370 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 3 | Common | Common Stock | 2024-12-31 | F | D | 16,411 | $18.54 | 44,954 | D | — | — | |
| 4 | Common | Common Stock | 2024-12-31 | M | A | 39,199 | $0.00 | 61,365 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 5 | Derivative | Restricted Stock Units | 2024-12-31 | M | D | 3,416 | $0.00 | 3,418 | D | $0.00 · — to — | 3,416 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F3) On February 23, 2023, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2023. On February 19, 2024, the registrant's Compensation Committee determined the number of PSUs earned by the reporting person based upon the 2023 financial metrics. Effective on February 19, 2024, 1/3 of the earned PSUs were deemed vested on December 31, 2023 and an additional 1/3 vested on December 31, 2024. The remaining earned PSUs will vest on December 31, 2025, assuming the reporting person continues to be employed by the registrant on that date. |
| 6 | Derivative | Restricted Stock Units | 2024-12-31 | M | D | 39,199 | $0.00 | 0 | D | $0.00 · — to — | 39,199 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F2) On June 13, 2022, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2022. On February 23, 2023, the registrant's Compensation Committee determined the number of PSUs that were earned by the reporting person based upon the 2022 financial metrics. The earned PSUs vested in full on December 31, 2024. |