4//SEC Filing
Hoyt Mark Stephen 4
Accession 0001179110-21-003570
CIK 0001044777other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 6:12 PM ET
Size
18.3 KB
Accession
0001179110-21-003570
Insider Transaction Report
Form 4
OneSpan Inc.OSPN
Hoyt Mark Stephen
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, $0.001 par value
2021-03-15$25.42/sh+27,146$690,051→ 105,184 total - Tax Payment
Common Stock, $0.001 par value
2021-03-15$25.42/sh−8,901$226,263→ 96,283 total - Exercise/Conversion
Performance Stock Units
2021-03-15$25.42/sh−27,945$710,362→ 0 totalExp: 2020-12-31→ Common Stock (27,945 underlying)
Holdings
- 19,915
Restricted Stock Units
→ Common Stock (19,915 underlying) - 29,873
Performance Stock Units
Exp: 2023-12-31→ Common Stock (29,873 underlying) - 37,246
Performance Stock Units
Exp: 2021-12-31→ Common Stock (37,246 underlying) - 19,199
Restricted Stock Units
→ Common Stock (19,199 underlying) - 38,397
Performance Stock Units
Exp: 2022-12-31→ Common Stock (38,397 underlying) - 12,416
Restricted Stock Units
→ Common Stock (12,416 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 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 0001655011
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 6:12 PM ET
- Size
- 18.3 KB