Form 4 for OFG OFG BANCORP
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001562180-23-002075 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-01 | 2023-02-27 | OFG | Gonzalez Hugh | GC | M - OptEx | — | +2,475 | 6,987 | +55% | — |
| DM | 2023-03-01 | 2023-02-27 | OFG | Gonzalez Hugh | GC | F - Tax | $29.50 | -1,008 | 8,880 | -10% | -$29.7K |
| DM | 2023-03-01 | 2023-02-27 | OFG | Gonzalez Hugh | GC | M - OptEx | — | -1,050 | 1,134 | -48% | — |
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 | 2023-02-27 | M | A | 400 | — | 7,720 | D | — | — | (F1) Not applicable. |
| 2 | Common | Common Stock | 2023-02-27 | M | A | 1,425 | — | 9,145 | D | — | — | (F2) Represent shares of Common Stock received upon settlement of a performance share unit award on February 18, 2020, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). (F1) Not applicable. |
| 3 | Common | Common Stock | 2023-02-27 | F | D | 129 | $29.42 | 9,016 | D | — | — | (F3) Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes. |
| 4 | Common | Common Stock | 2023-02-27 | F | D | 163 | $29.70 | 8,717 | D | — | — | (F3) Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes. |
| 5 | Common | Common Stock | 2023-02-27 | F | D | 580 | $29.42 | 8,137 | D | — | — | (F3) Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes. |
| 6 | Common | Common Stock | 2023-02-27 | M | A | 333 | — | 7,320 | D | — | — | (F1) Not applicable. |
| 7 | Common | Common Stock | 2023-02-27 | M | A | 317 | — | 6,987 | D | — | — | (F1) Not applicable. |
| 8 | Common | Common Stock | 2023-02-27 | F | D | 136 | $29.70 | 8,880 | D | — | — | (F3) Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes. |
| 9 | Derivative | Restricted Units | 2023-02-27 | M | D | 317 | — | 1,867 | D | — · — to — | 317 Common Stock | (F4) Awarded pursuant to the Plan. They represent 34% of a grant of Restricted Units ("RUs") of February 18, 2020. (F1) Not applicable. (F5) The Restricted Units convert to Common Stock on a one-for-one basis. |
| 10 | Derivative | Restricted Units | 2023-02-27 | M | D | 333 | — | 1,534 | D | — · — to — | 333 Common Stock | (F6) Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 17, 2021. (F1) Not applicable. (F5) The Restricted Units convert to Common Stock on a one-for-one basis. |
| 11 | Derivative | Restricted Units | 2023-02-27 | M | D | 400 | — | 1,134 | D | — · — to — | 400 Common Stock | (F7) Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 22, 2022. (F1) Not applicable. (F5) The Restricted Units convert to Common Stock on a one-for-one basis. |