0001179110-20-005024.txt : 20200422
0001179110-20-005024.hdr.sgml : 20200422
20200422081939
ACCESSION NUMBER: 0001179110-20-005024
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: Hoyt Mark Stephen
CENTRAL INDEX KEY: 0001655011
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24389
FILM NUMBER: 20806710
MAIL ADDRESS:
STREET 1: 1901 S. MEYERS ROAD
STREET 2: 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
0001655011
Hoyt Mark Stephen
121 W. WACKER DRIVE
SUITE 2050
CHICAGO
IL
60601
0
1
0
0
Chief Financial Officer
Common Stock, $0.001 par value
2020-03-31
4
M
0
25026
18.15
A
80728
D
Common Stock, $0.001 par value
2020-03-31
4
F
0
7378
18.15
D
73350
D
Performance Stock Units
2020-03-31
4
M
0
25026
18.15
D
2019-12-31
Common Stock
25026
0
D
Restricted Stock Units
Common Stock
25598
25598
D
Restricted Stock Units
Common Stock
18624
18624
D
Performance Stock Units
2022-12-31
Common Stock
38397
38397
D
Performance Stock Units
2021-12-31
Common Stock
37246
37246
D
Performance Stock Units
2020-12-31
Common Stock
27945
27945
D
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 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 shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
Not applicable.
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.
/s/ Steven R. Worth, Attorney in Fact
2020-04-22