4//SEC Filing
Clements Scott 4
Accession 0001179110-20-008715
CIK 0001044777other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 6:00 PM ET
Size
15.2 KB
Accession
0001179110-20-008715
Insider Transaction Report
Form 4
OneSpan Inc.OSPN
Clements Scott
President and COO
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-08-01$31.14/sh−6,751$210,226→ 33,752 total→ Common Stock (40,503 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2020-08-01$31.14/sh+6,751$210,226→ 140,266 total - Tax Payment
Common Stock, $0.001 par value
2020-08-01$31.14/sh−2,991$93,140→ 137,275 total
Holdings
- 62,308
Performance Stock Units
Exp: 2020-12-31→ Common Stock (62,308 underlying) - 90,837
Performance Stock Units
Exp: 2022-12-31→ Common Stock (90,837 underlying) - 81,005
Performance Stock Units
Exp: 2021-12-31→ Common Stock (81,005 underlying) - 52,989
Restricted Stock Units
→ Common Stock (52,989 underlying)
Footnotes (8)
- [F1]The shares were sold to cover tax withholding obligations for the 8/1/2020 vest of restricted stock units.
- [F2]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.
- [F3]The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
- [F4]Not applicable.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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 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
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 6:00 PM ET
- Size
- 15.2 KB