Form 4 for OFG OFG BANCORP
Accepted 2021-11-12 00:00:00 ET · period of report 2021-11-10 · accession 0001562180-21-007031 · 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 | 2021-11-12 | 2021-11-10 | OFG | FERNANDEZ JOSE RAFAEL | Pres, CEO, Dir | F - Tax | $27.01 | -19.8K | 324.0K | -6% | -$534.7K |
| D | 2021-11-12 | 2021-11-10 | OFG | FERNANDEZ JOSE RAFAEL | Pres, CEO, Dir | M - OptEx | $11.83 | +45.2K | 343.8K | +15% | +$534.7K |
| D | 2021-11-12 | 2021-11-10 | OFG | FERNANDEZ JOSE RAFAEL | Pres, CEO, Dir | M - OptEx | $0.00 | -45.2K | 135.2K | -25% | $0 |
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 | 2021-11-10 | F | D | 19,797 | $27.01 | 324,028.69 | D | — | — | (F2) In addition to the reporting person's direct beneficial ownership of 324,028.688 OFG shares, he also indirectly owns 45,152 OFG shares through a Non-Qualified Deferred Compensation Trust, and directly owns 5,560 shares of Non-Cumulative Perpetual Preferred Stock, Series D. |
| 2 | Common | Common Stock | 2021-11-10 | M | A | 45,200 | $11.83 | 343,825.69 | D | — | — | |
| 3 | Derivative | Qualified Stock Options | 2021-11-10 | M | D | 45,200 | $0.00 | 135,200 | D | $11.83 · — to 2022-02-23 | 45,200 Common Stock | (F3) Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. These options represented a right to buy the underlying securities. (F4) The executive is exercising a derivative security. (F5) The Award became exercisable at the rate of 25% per year commencing on February 23, 2014. |