<SEC-DOCUMENT>0001387131-21-008370.txt : 20210811
<SEC-HEADER>0001387131-21-008370.hdr.sgml : 20210811
<ACCEPTANCE-DATETIME>20210811191715
ACCESSION NUMBER:		0001387131-21-008370
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210406
FILED AS OF DATE:		20210811
DATE AS OF CHANGE:		20210811

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Capers Garry L
		CENTRAL INDEX KEY:			0001787774

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24389
		FILM NUMBER:		211165091

	MAIL ADDRESS:	
		STREET 1:		3680 VICTORIA STREET N
		CITY:			SHOREVIEW
		STATE:			MN
		ZIP:			55126

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>3/A
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>AMENDMENT TO FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2021-04-06</periodOfReport>

    <dateOfOriginalSubmission>2021-04-12</dateOfOriginalSubmission>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001044777</issuerCik>
        <issuerName>OneSpan Inc.</issuerName>
        <issuerTradingSymbol>OSPN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001787774</rptOwnerCik>
            <rptOwnerName>Capers Garry L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>121 W. WACKER DR.</rptOwnerStreet1>
            <rptOwnerStreet2>20TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>The power of attorney was omitted from the reporting person's original Form 3. Exhibit List: Exhibit 24 Limited Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Steven R. Worth, Attorney-In-Fact</signatureName>
        <signatureDate>2021-08-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex24.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 2px solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0; text-align: right"><B>Exhibit 24</B></P>

<P STYLE="text-align: center; font: 16pt TimesNewRomanPS-BoldMT,sans-serif; margin-top: 12pt; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>LIMITED
POWER OF ATTORNEY FOR SEC REPORTING OBLIGATIONS</B></FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0;"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Know
all by these presents, that the undersigned hereby constitutes and appoints each of Scott Clements, Mark Hoyt and Steven Worth,
or any of them acting singly and with full power of substitution, the undersigned's true and lawful attorney-in-fact to:</FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;execute for and on behalf of the undersigned, in the undersigned's capacity as
an officer or director or both of OneSpan Inc. (the &ldquo;<B>Company&rdquo;</B>), Forms 3, 4 and 5 (and any amendments thereto)
in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the &ldquo;<B>Exchange Act</B>)&rdquo; and
the rules thereunder, the Company&rsquo;s Annual Report on Form 10-K after the undersigned has approved the same in writing or
through Board action, and the Company&rsquo;s Form S-8 related to its 2019 Omnibus Incentive Plan after the undersigned has approved
the same in writing or through Board action (collectively, the <B>&ldquo;Filings&rdquo;</B>); and </FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; do and perform any and all acts for and on behalf of the undersigned which may
be necessary or desirable to complete and execute any such Filings, complete and execute any amendments thereto, and timely file
such Filings with the U.S. Securities and Exchange Commission (the &ldquo;<B>SEC</B>&rdquo;) and any securities exchange or similar
authority, including without limitation the filing of a Form ID or any other documents necessary or appropriate to enable the
undersigned to file the Forms 3, 4 and 5 electronically with the SEC; and</FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
3.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
seek or obtain after being introduced by the undersigned, as the undersigned's representative
and on the undersigned's behalf, information on transactions in the Company's securities
from any third party, including brokers, employee benefit plan administrators and trustees,
and the undersigned hereby authorizes any such person to release any such information relevant
to the Filings to each of the undersigned's attorneys-in-fact appointed by this Limited Power
of Attorney and approves and ratifies any such release of information; and</FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; take any other action in connection with the foregoing which, in the opinion
of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by or for, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of
Attorney shall be in such form and shall contain such information and disclosure as such attorney-in-fact may approve in such
attorney-in-fact's discretion.</FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing
whatsoever required, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to
all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully
do or cause to be done by virtue of this Limited Power of Attorney and the rights and powers herein granted.</FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request and on the behalf of
the undersigned, are not assuming, nor is the</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; "><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Company
assuming, any of the undersigned's responsibilities to comply with, or any liability for the
failure to comply with, any provision of Section 16 of the Exchange Act.</FONT></P>

<P STYLE="font: 12pt TimesNewRomanPSMT,sans-serif; margin: 6pt 0 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Limited Power of Attorney shall remain in full force and effect until the undersigned
is no longer required to file Forms 3, 4 or 5 with respect to the undersigned's holdings
of and transactions in securities issued by the Company, unless earlier revoked by the undersigned
in a signed writing delivered to each of the foregoing attorneys-in-fact.</FONT></P>


<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0; text-indent: 1in">This Limited Power of Attorney shall remain in full
force and effect until the undersigned is no longer required to file Forms 3, 4 or 5 with respect to the undersigned&rsquo;s holdings
of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered
to each of the foregoing attorneys-in-fact.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0">IN WITNESS WHEREOF, the undersigned has executed this Limited Power
of Attorney as of this 6th day of April, 2021.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="width: 50%; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Signed and acknowledged:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/
Garry L. Capers</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Signature</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">Garry L. Capers</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Printed Name</FONT></TD></TR>
</TABLE>


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</SEC-DOCUMENT>
