0001179110-20-005022.txt : 20200422
0001179110-20-005022.hdr.sgml : 20200422
20200422081802
ACCESSION NUMBER: 0001179110-20-005022
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200331
FILED AS OF DATE: 20200422
DATE AS OF CHANGE: 20200422
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clements Scott
CENTRAL INDEX KEY: 0001690669
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24389
FILM NUMBER: 20806706
MAIL ADDRESS:
STREET 1: 1901 S. MEYERS ROAD SUITE 210
CITY: OAKBROOK TERRACE
STATE: IL
ZIP: 60181
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OneSpan Inc.
CENTRAL INDEX KEY: 0001044777
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 364169320
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 121 W WACKER DR.
STREET 2: STE 2050
CITY: CHICAGO
STATE: IL
ZIP: 60601
BUSINESS PHONE: 3127664001
MAIL ADDRESS:
STREET 1: 121 W WACKER DR.
STREET 2: STE 2050
CITY: CHICAGO
STATE: IL
ZIP: 60601
FORMER COMPANY:
FORMER CONFORMED NAME: One Span Inc.
DATE OF NAME CHANGE: 20180706
FORMER COMPANY:
FORMER CONFORMED NAME: VASCO DATA SECURITY INTERNATIONAL INC
DATE OF NAME CHANGE: 19970821
4
1
edgar.xml
FORM 4 -
X0306
4
2020-03-31
0
0001044777
OneSpan Inc.
OSPN
0001690669
Clements Scott
121 W. WACKER DR
SUITE 2050
CHICAGO
IL
60601
1
1
0
0
President and CEO
Common Stock, $0.001 par value
2020-03-31
4
M
0
57201
18.15
A
158748
D
Common Stock, $0.001 par value
2020-03-31
4
F
0
25334
18.15
D
133414
D
Performance Stock Units
2020-03-31
4
M
0
57201
18.15
D
2019-12-31
Common Stock
57201
57201
D
Restricted Stock Units
Common Stock
60558
60558
D
Performance Stock Units
2022-12-31
Common Stock
90837
90837
D
Restricted Stock Units
Common Stock
40503
40503
D
Performance Stock Units
2021-12-31
Common Stock
81005
81005
D
Performance Stock Units
2020-12-31
Common Stock
62308
62308
D
The shares were sold to cover tax withholding obligations for the 3/31/2020 vest.
The performance stock units cliff vested at the expiration date, and were earned at 116% of target on March 31, 2020 as the performance criteria established by the Compensation Committee of the Board were exceeded.
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.
The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
Not applicable.
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.
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.
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.
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.
In total, the reporting person beneficially owns 133,414 Non-Derivative Securities and 335,211 Derivative securities.
/s/ Steven R. Worth, Attorney in Fact
2020-04-22