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  "documentTitle": "Legion One Span Presentation May 2021",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-05-01 00:00:00",
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  "notes": "Uses cherry-picking accusation to undermine board credibility.",
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      "kind": "callout",
      "text": "OSPN stock has severely underperformed the NASDAQ when using pertinent end dates and measuring relative performance across multiple time periods",
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      "kind": "callout",
      "text": "4/16/21 is the only day above where OSPN stock more than doubled over the last 3 years",
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      "kind": "paragraph",
      "text": "The Company claims that “over the last three years, our stock price has more than doubled” and outperformed the NASDAQ – however, we see no significance of the date the Board used for this calculation (4/16/21)",
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      "kind": "source-note",
      "text": "Source: OSPN Letter to Stockholders (4/26/21), Capital IQ, Legion Partners' Estimates",
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      "text": "OSPN Relative TSR vs. NASDAQ table",
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      "kind": "title",
      "text": "We Believe the Board is Misrepresenting its TSR Track Record",
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