Form 4 for OFG OFG BANCORP
Accepted 2021-07-30 00:00:00 ET · period of report 2021-07-28 · accession 0001562180-21-005091 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-30 | 2021-07-28 | OFG | Kumar Ganesh | COO, SEVP | A - Grant | — | +1,650 | 89.3K | +2% | — |
| D | 2021-07-30 | 2021-07-28 | OFG | Kumar Ganesh | COO, SEVP | F - Tax | $21.94 | -591 | 88.7K | -0.7% | -$13.0K |
| D | 2021-07-30 | 2021-07-28 | OFG | Kumar Ganesh | COO, SEVP | M - OptEx | — | -1,650 | 30.3K | -5% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-28 | A | A | 1,650 | — | 89,252 | D | — | — | (F1) Represent shares of Common Stock received upon settlement of a performance share unit award on June 27, 2019, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). (F2) Not applicable. |
| 2 | Common | Common Stock | 2021-07-28 | F | D | 591 | $21.94 | 88,661 | D | — | — | (F3) Represent shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 3 | Derivative | Restricted Units | 2021-07-28 | M | D | 1,650 | — | 30,299 | D | — · — to — | 1,650 Common Stock | (F4) Awarded pursuant to the Plan. (F2) Not applicable. (F5) The Restricted Units convert to Common Stock on a one-for-one basis. |