FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION --------------------------------
WASHINGTON D.C. 20549 OMB
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number 3235-0104
Expires December 31, 2001
Estimated average burden. ..0.5
hors per response
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Filed pursuant to Section 16(a) of the Security Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name of Address of 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Reporting Person* Requiring Statement
Wilson, Dennis D. (Month/Day/Year) VASCO Data Security International, Inc. (VDSI)
04/25/01
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(Last) (First) (Middle)
1108 Captains Lane
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(Street) 3. I.R.S. Identification 5. Relationship of Reporting Person(s) 6. If Amendment, Date of
Number of Reporting to Issuer Original (Month/Day/Year)
Person, if an entity (Check all applicable) 7. Individual or Joint/Group
(voluntary) _____ Director _____ 10% Owner Filing (Check Applicable
__X__ Officer title _____ Other (specify Line
(give title __X__ Form filed by One
below) Reporting Person
_____ Form file by More One
Reporting Person
Executive Vice President, Chief
Wheeling, IL 60090 Financial Officer and Secretary
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(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct
(Instr. 4) (D) or indirect
(I) (Instr. 5)
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COMMON STOCK 300 D
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filled by more than one reporting person, See Instruction
5(b)(v).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF
INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO
RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY OMB CONTROL
NUMBER.
(OVER)
SEC 1473 (3-99)
FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G. PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Date Exer- 3. Title and Amount 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4 cisable and of Securities sion or Ship Beneficial Ownership
Expiration Underlying Derivative Exercise Form of (Instr. 5)
Date Security (Instr. 4) Price of Derivative
(Month/Day/Year) Deri- Security:
vative Direct
Security (D) or
Indirect
(I)
(Instr.5)
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Date Expira- Amount
Exer- Tion Title Or
Cisable Date Number of
Shares
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INCENTIVE STOCK OPTIONS 04/14/04(1) 04/15/10 COMMON 100,000 $11.75 D
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Explanation of Responses:
(1) Options vest on the earlier of April 14, 2004 or in 25,000 share increments
based on the stock price achieving the following levels
-25,000 shares when the stock price is above $30.00 per share for 30
consecutive days;
-25,000 shares when the stock price is above $40.00 per share for 30
consecutive days;
-25,000 shares when the stock price is above $50.00 per share of 30
consecutive days; and
-25,000 shares when the stock price is above $60.00 per share of 30
consecutive days.
/s/ Dennis D. Wilson April 25, 2001
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not Required to respond unless the form displays a currently
valid OMB Number.
