Moynahan Matthew 4
4 · OneSpan Inc. · Filed Jan 2, 2024
Insider Transaction Report
Form 4
OneSpan Inc.OSPN
Moynahan Matthew
Chief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2023-12-31+47,541→ 180,487 total - Tax Payment
Common Stock
2023-12-31$10.72/sh−21,085$226,031→ 159,402 total - Exercise/Conversion
Performance Restricted Stock Unit Awards
2023-12-31−47,541→ 47,541 totalExercise: $0.00→ Common Stock (47,541 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
- [F2]On June 23, 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 the number of PSUs that were earned by the reporting person based upon the 2022 financial metrics. Effective on February 23, 2023, 1/3 of the earned PSUs were deemed vested on December 31, 2022, an additional 1/3 of the earned PSUs vested on December 31, 2023, and the final 1/3 of the earned PSUs will vest on December 31, 2024, provided that the reporting person is employed by the registrant at that time.