Form 4 for OFG OFG BANCORP
Accepted 2024-02-28 00:00:00 ET · period of report 2024-02-26 · accession 0001562180-24-001900 · 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 | 2024-02-28 | 2024-02-26 | OFG | FERNANDEZ JOSE RAFAEL | CEO, Vice COB BOD, Dir | M - OptEx | — | +23.1K | 421.8K | +6% | — |
| DM | 2024-02-28 | 2024-02-26 | OFG | FERNANDEZ JOSE RAFAEL | CEO, Vice COB BOD, Dir | F - Tax | $35.58 | -6,334 | 419.1K | -1% | -$225.3K |
| DM | 2024-02-28 | 2024-02-26 | OFG | FERNANDEZ JOSE RAFAEL | CEO, Vice COB BOD, Dir | M - OptEx | — | -23.1K | 74.3K | -24% | — |
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 | 2024-02-26 | M | A | 9,617 | — | 408,225.69 | D | — | — | (F1) Not applicable. |
| 2 | Common | Common Stock | 2024-02-26 | F | D | 1,856 | $35.71 | 415,424.69 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 3 | Common | Common Stock | 2024-02-26 | F | D | 1,847 | $35.48 | 417,280.69 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 4 | Common | Common Stock | 2024-02-26 | F | D | 2,631 | $35.55 | 419,127.69 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 5 | Common | Common Stock | 2024-02-26 | M | A | 6,750 | — | 414,975.69 | D | — | — | (F1) Not applicable. |
| 6 | Common | Common Stock | 2024-02-26 | M | A | 6,783 | — | 421,758.69 | D | — | — | (F1) Not applicable. |
| 7 | Derivative | Restricted Units | 2024-02-26 | M | D | 6,750 | — | 67,542.17 | D | — · — to — | 6,750 Common Stock | (F5) Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 22, 2022. (F1) Not applicable. (F4) The Restricted Units convert to Common Stock on a one-for-one basis. |
| 8 | Derivative | Restricted Units | 2024-02-26 | M | D | 6,783 | — | 60,759.17 | D | — · — to — | 6,783 Common Stock | (F6) Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 21, 2023. (F1) Not applicable. (F4) The Restricted Units convert to Common Stock on a one-for-one basis. |
| 9 | Derivative | Restricted Units | 2024-02-26 | M | D | 9,617 | — | 74,292.17 | D | — · — to — | 9,617 Common Stock | (F3) Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). They represent 34% of a grant of Restricted Units ("RUs") of February 17, 2021. (F1) Not applicable. (F4) The Restricted Units convert to Common Stock on a one-for-one basis. |