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  "docSlug": "jarvis-legion-one-span-presentation-may-2021",
  "documentTitle": "Legion One Span Presentation May 2021",
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  "documentKindSlug": "activist-deck",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-05-01 00:00:00",
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  "pageNumber": 11,
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  "nDataPoints": 42,
  "notes": "The slide uses an 'Unaffected Date' of 2/24/21 to avoid COVID-19 market volatility impacts on the performance comparison.",
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      "kind": "callout",
      "text": "Across any peer group, index, or time period, the result is the same – OSPN has generally underperformed",
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      "text": "Note: “Cybersecurity Peers” include CHKP, CRWD, CYBR, FEYE, FTNT, MIME, MITK, NET, OKTA, PANW, PFPT, PING, QLYS, RDWR, RPD, SAIL, SCWX, TENB, VRNS, ZS; “Direct Software Peers” include CRWD, DOCU, DT, NCNO, NET, NICE, OKTA, PING, QLYS, SPLK, VRNS, ZS; “Company Peers” are the Company’s self-described peer group as set forth in its Annual Report on Form 10-K for FY 2020 and include AMSWA, APPN, BL, FEYE, PFPT, PMTS, PRO, QADA, QLYS, QTWO, RPD, VRNS, SCWX; “IGV” references the iShares Expanded Tech-Software Sector ETF; as of Unaffected Date (2/24/21)\nSource: SEC Filings, Capital IQ",
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      "kind": "paragraph",
      "text": "OSPN stock has underperformed several pertinent peer groups, including the Company's self-selected Fiscal 2020 Form 10-K peer group, and broader market indices over multiple time periods through the Unaffected Date (2/24/21)",
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      "kind": "table",
      "text": "OSPN Relative Total Shareholder Returns vs. Major Benchmarks and Peer Groups",
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      "kind": "title",
      "text": "OneSpan's TSR Has Severely Underperformed",
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