Garg Sarika 4
4 · OneSpan Inc. · Filed Jan 9, 2023
Insider Transaction Report
Form 4
OneSpan Inc.OSPN
Garg Sarika
Director
Transactions
- Exercise/Conversion
Common Stock
2023-01-05+7,618→ 18,301 total - Exercise/Conversion
Restricted Stock Units
2023-01-05+7,618→ 0 total→ Common Stock (7,618 underlying) - Award
Restricted Stock Units
2023-01-05+10,823→ 10,823 total→ Common Stock (10,823 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
- [F2]These deferred restricted stock units vested on January 5, 2023. The shares underlying these deferred restricted stock units will be delivered to the reporting person on the earlier to occur of the reporting person's cessation of service on the issuer's Board of Directors or a change in control of the issuer.
- [F3]The securities acquired are deferred restricted stock units which will vest on January 5, 2024, subject to the terms and conditions of the award agreement. Once they have vested, the shares underlying these deferred restricted stock units will be delivered to the reporting person on the earlier to occur of the reporting person's cessation of service on the issuer's Board of Directors or a change of control of the issuer.