Hoyt Mark Stephen 4

4 · OneSpan Inc. · Filed Feb 3, 2021

Form 4

Period: 2021-02-01

Chief Financial Officer

Transactions

Tax Payment
Common Stock, $0.001 par value
2021-01-15$23.37/sh−909$21,243→ 78,038 total
Exercise/Conversion
Common Stock, $0.001 par value
2021-02-01$23.37/sh+3,104$72,540→ 78,947 total
Purchase
Restricted Stock Units
2021-02-01$23.37/sh−3,104$72,540→ 12,416 total
→ Common Stock (15,520 underlying)

Holdings

Restricted Stock Units
→ Common Stock (19,199 underlying)
19,199
Performance Stock Units
Exp: 2021-12-31→ Common Stock (37,246 underlying)
37,246
Performance Stock Units
Exp: 2022-12-31→ Common Stock (38,397 underlying)
38,397
Performance Stock Units
Exp: 2020-12-31→ Common Stock (27,945 underlying)
27,945

Footnotes (6)

[F1]The shares were sold to cover tax withholding obligations for the vest of restricted stock units.
[F2]The reporting person received a restricted stock unit grant upon approval of the OneSpan Inc. 2019 Omnibus Incentive Plan (the "2019 Plan") at the Annual Meeting of Stockholders of OneSpan Inc. held on June 12, 2019. The 2019 Plan was approved by the Board on February 1, 2019, subject to stockholder approval. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
[F3]The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
[F4]Not applicable.
[F5]The reporting person received a restricted stock unit grant on January 15, 2020. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
[F6]Each performance stock unit represents a right to receive one share of OneSpan's common stock. The performance stock units cliff vest at the expiration dateif the performance criteria established by the Compensation Committee of the Board are met.

Documents

1 file