CLEMENTS SCOTT

PrivateCIK: 1690669

Location

OAKBROOK TERRACE, IL

CLEMENTS SCOTT (President and CEO) exercised options at ONESPAN INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

CLEMENTS SCOTT

Filed: 7/19/2021ACC: 0001179110-21-007577

InsiderCLEMENTS SCOTTCIK 1690669

→

IssuerONESPAN INC.CIK 1044777

DirectorOfficer· President and CEO

Since Jun 2018

-3.32K

Net shares

Net seller

$78.6K

Total sold

0

Open market trades

0B · 0S

3

Total transactions

7.57K acquired · 10.89K disposed

Non-Derivative Transactions2

Common Stock, $0.001 par value

Direct

M · Option Exercise

Shares

+7.57K

Price / share

$23.65

Trade value

$179.03K

% of position

4.4%

7/15/2021

172.68K→180.25K

Common Stock, $0.001 par value

Direct

F · Tax Withholding

Shares

−3.32K

Price / share

$23.65

Trade value

$78.59K

% of position

1.8%

7/15/2021

180.25K→176.92K

Total

Net shares

+4.25K

Net value

$100.44K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.001 par value Direct	7/15/2021	M · Option Exercise	+7.57K	$23.65	$179.03K	4.4%	172.68K	180.25K
Common Stock, $0.001 par value Direct	7/15/2021	F · Tax Withholding	−3.32K	$23.65	$78.59K	1.8%	180.25K	176.92K
Total			+4.25K		$100.44K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

45.42K shares

Shares

−7.57K

Strike price

Held after

37.85K

Exercisable

—

7/15/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock45.42K shares	7/15/2021	M · Option Exercise	−7.57K		—	37.85K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

47.11K

Shares owned

47.11K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

27K

Shares owned

27K

Exercise price

Expiration

—

Exercise window

—

Performance Stock Units

Direct

Underlying security

Common Stock

Underlying shares

70.67K

Shares owned

70.67K

Exercise price

Expiration

—

Exercise window

—

Performance Stock Units

Direct

Underlying security

Common Stock

Underlying shares

81K

Shares owned

81K

Exercise price

Expiration

—

Exercise window

—

Performance Stock Units

Direct

Underlying security

Common Stock

Underlying shares

90.84K

Shares owned

90.84K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

316.63K

Owned

316.63K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock		—	—	47.11K	47.11K
Restricted Stock Units Direct	Common Stock		—	—	27K	27K
Performance Stock Units Direct	Common Stock		—	—	70.67K	70.67K
Performance Stock Units Direct	Common Stock		—	—	81K	81K
Performance Stock Units Direct	Common Stock		—	—	90.84K	90.84K
Total					316.63K	316.63K

CLEMENTS SCOTT — Insider Transaction (Form 4) Filed Jul 19, 2021 | Finecho