4//SEC Filing
Clements Scott 4
Accession 0001179110-21-003569
CIK 0001044777other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 6:11 PM ET
Size
18.3 KB
Accession
0001179110-21-003569
Insider Transaction Report
Form 4
OneSpan Inc.OSPN
Clements Scott
President and COO
Transactions
- Award
Common Stock, $0.001 par value
2021-03-15$25.42/sh+60,526$1,538,571→ 201,527 total - Tax Payment
Common Stock, $0.001 par value
2021-03-15$25.42/sh−26,571$675,435→ 174,956 total - Purchase
Performance Stock Units
2021-03-15$25.42/sh−62,308$1,583,869→ 0 totalExp: 2020-12-31→ Common Stock (62,308 underlying)
Holdings
- 45,419
Restricted Stock Units
→ Common Stock (45,419 underlying) - 90,837
Performance Stock Units
Exp: 2022-12-31→ Common Stock (90,837 underlying) - 70,671
Performance Stock Units
Exp: 2023-12-31→ Common Stock (70,671 underlying) - 27,002
Restricted Stock Units
→ Common Stock (27,002 underlying) - 81,005
Performance Stock Units
Exp: 2021-12-31→ Common Stock (81,005 underlying) - 47,114
Restricted Stock Units
→ Common Stock (47,114 underlying)
Footnotes (10)
- [F1]The reporting person received a performance stock unit grant on January 4, 2018. Each performance stock unit represents a right to receive one share of OneSpan's common stock. The performance stock units cliff vested at the expiration date, and were earned at 97% of target on March 15, 2021 as the performance criteria established by the Compensation Committee of the Board were partially achieved.
- [F10]The reporting person received a performance stock unit grant on February 1, 2019. 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 date if the performance criteria established by the Compensation Committee of the Board are met.
- [F2]The shares were sold to cover tax withholding obligations for the vest of performance stock units.
- [F3]The reporting person received a restricted stock unit grant on February 18, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
- [F4]The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
- [F5]Not applicable.
- [F6]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.
- [F7]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.
- [F8]The reporting person received a performance stock unit grant on February 18, 2021. 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 date if the performance criteria established by the Compensation Committee of the Board are met.
- [F9]The reporting person received a performance stock unit grant on January 15, 2020. 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 date if the performance criteria established by the Compensation Committee of the Board are met.
Documents
Issuer
OneSpan Inc.
CIK 0001044777
Entity typeother
Related Parties
1- filerCIK 0001690669
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 6:11 PM ET
- Size
- 18.3 KB