secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0001387131-22-009471
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan appoints Jorge Garcia Martell as CFO effective Sept 6, 2022
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- Martell replaces interim CFO Jan Kees van Gaalen; base salary $400k, target bonus 65%.
- Equity grants: $250k RSUs (4-yr vest), $625k RSUs (3-yr), $625k PSUs target for FY2022.
- Prior role: CFO & Treasurer at Extreme Reach from July 2016 to Sept 2022.
- Severance: 12 months salary, prorated bonus, COBRA; double trigger acceleration upon change in control.
- Employment agreement initial 2-year term, auto-renew; non-compete/non-solicit for 12 months post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000138713122009471/0001387131-22-009471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000138713122009471/ospn-8k_090622.htm
  HTML page:      https://secwatch.observer/filing/0001387131-22-009471

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