Form 4 for OFG OFG BANCORP
Accepted 2022-11-18 00:00:00 ET · period of report 2022-11-16 · accession 0001562180-22-007759 · 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 | 2022-11-18 | 2022-11-16 | OFG | FERNANDEZ JOSE RAFAEL | CEO, Vice COB BOD, Dir | F - Tax | $28.50 | -18.6K | 403.9K | -4% | -$531.4K |
| D | 2022-11-18 | 2022-11-16 | OFG | FERNANDEZ JOSE RAFAEL | CEO, Vice COB BOD, Dir | M - OptEx | $14.52 | +36.6K | 422.6K | +9% | +$531.4K |
| D | 2022-11-18 | 2022-11-16 | OFG | FERNANDEZ JOSE RAFAEL | CEO, Vice COB BOD, Dir | M - OptEx | $0.00 | -36.6K | 98.6K | -27% | $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 | 2022-11-16 | F | D | 18,647 | $28.50 | 403,914.69 | D | — | — | (F2) In addition, the reporting person indirectly owns 45,152 OFG shares of Common Stock through a Non-Qualified Deferred Compensation Trust. |
| 2 | Common | Common Stock | 2022-11-16 | M | A | 36,600 | $14.52 | 422,561.69 | D | — | — | |
| 3 | Derivative | Qualified Stock Options | 2022-11-16 | M | D | 36,600 | $0.00 | 98,600 | D | $14.52 · — to 2023-01-22 | 36,600 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 January 22, 2015. |