Form 4 for OFG OFG BANCORP
Accepted 2024-02-28 00:00:00 ET · period of report 2024-02-26 · accession 0001562180-24-001909 · 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 | Kumar Ganesh | Chief Strategy Off, US | M - OptEx | — | +14.9K | 158.9K | +10% | — |
| DM | 2024-02-28 | 2024-02-26 | OFG | Kumar Ganesh | Chief Strategy Off, US | F - Tax | $35.58 | -5,281 | 153.6K | -3% | -$187.9K |
| DM | 2024-02-28 | 2024-02-26 | OFG | Kumar Ganesh | Chief Strategy Off, US | M - OptEx | — | -14.9K | 21.1K | -41% | — |
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 | 6,484 | — | 150,404 | D | — | — | (F1) Not applicable. |
| 2 | Common | Common Stock | 2024-02-26 | M | A | 4,217 | — | 154,621 | D | — | — | (F1) Not applicable. |
| 3 | Common | Common Stock | 2024-02-26 | M | A | 4,233 | — | 158,854 | D | — | — | (F1) Not applicable. |
| 4 | Common | Common Stock | 2024-02-26 | F | D | 2,293 | $35.55 | 156,561 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 5 | Common | Common Stock | 2024-02-26 | F | D | 1,491 | $35.48 | 155,070 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 6 | Common | Common Stock | 2024-02-26 | F | D | 1,497 | $35.71 | 153,573 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 7 | Derivative | Restricted Units | 2024-02-26 | M | D | 4,217 | — | 16,917 | D | — · — to — | 4,217 Common Stock | (F5) Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units 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 | 4,233 | — | 12,684 | D | — · — to — | 4,233 Common Stock | (F6) Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units 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 | 6,484 | — | 21,134 | D | — · — to — | 6,484 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. |