Bosshart John 4
4 · OneSpan Inc. · Filed Feb 27, 2023
Insider Transaction Report
Form 4
OneSpan Inc.OSPN
Bosshart John
Other
Transactions
- Award
Restricted Stock Units
2023-02-23+11,106→ 11,106 total→ Common Stock (11,106 underlying) - Award
Restricted Stock Units
2023-02-23+4,957→ 4,957 total→ Common Stock (4,957 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
- [F2]On August 5, 2022, 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 2022. On February 23, 2023, the registrant's Compensation Committee determined that the reporting person had earned 11,106 PSUs based upon the 2022 financial metrics. The earned PSUs will vest on December 31, 2024, assuming the reporting person continues to be employed by the registrant on that date.
- [F3]The restricted stock units vest over three years starting on February 23, 2023, with one-third of the shares vesting on February 23, 2024 and one-sixth of the shares vesting every six months thereafter.