Form 4 for OSPN OneSpan Inc.
Accepted 2025-05-14 00:00:00 ET · period of report 2025-05-14 · accession 0001562180-25-003847 · 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 | 2025-05-14 | 2025-05-14 | OSPN | Mataac Lara | GC | M - OptEx | $0.00 | +10.8K | 56.8K | +23% | $0 |
| DM | 2025-05-14 | 2025-05-14 | OSPN | Mataac Lara | GC | F - Tax | $16.10 | -3,158 | 54.6K | -5% | -$50.8K |
| DM | 2025-05-14 | 2025-05-14 | OSPN | Mataac Lara | GC | M - OptEx | $0.00 | +10.8K | 4,530 | New | $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 | 2025-05-14 | M | A | 8,492 | $0.00 | 57,050 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 2 | Common | Common Stock | 2025-05-14 | F | D | 665 | $16.10 | 56,156 | D | — | — | |
| 3 | Common | Common Stock | 2025-05-14 | M | A | 2,264 | $0.00 | 56,821 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 4 | Common | Common Stock | 2025-05-14 | F | D | 2,493 | $16.10 | 54,557 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2025-05-14 | M | A | 8,492 | $0.00 | 16,984 | D | — · — to — | 8,492 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F2) On May 14, 2024, 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 2024. In February 2025, the registrant's Compensation Committee determined that the reporting person had earned 25,476 PSUs based on the 2024 financial metrics. On May 14, 2025, 8,492 of the earned PSUs vested. An additional one-third of the earned PSUs will vest on each of December 31, 2025 and December 31, 2026, assuming the reporting person continues to be employed by the registrant on each such date. |
| 6 | Derivative | Restricted Stock Unit | 2025-05-14 | M | A | 2,264 | $0.00 | 4,530 | D | — · — to — | 2,264 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F3) The restricted stock units vest over three years starting on May 14, 2024, with one-third of the shares vesting on May 14, 2025 and one-sixth of the shares vesting every six months thereafter. |