Form 4 for OFG OFG BANCORP
Accepted 2024-02-28 00:00:00 ET · period of report 2024-02-26 · accession 0001562180-24-001919 · 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 | Ortiz Cesar A | CRO | M - OptEx | — | +2,400 | 4,963 | +94% | — |
| DM | 2024-02-28 | 2024-02-26 | OFG | Ortiz Cesar A | CRO | F - Tax | $35.59 | -1,136 | 4,183 | -21% | -$40.4K |
| DM | 2024-02-28 | 2024-02-26 | OFG | Ortiz Cesar A | CRO | M - OptEx | — | -2,400 | 1,984 | -55% | — |
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 | 1,167 | — | 3,730 | D | — | — | (F1) Not applicable. |
| 2 | Common | Common Stock | 2024-02-26 | M | A | 483 | — | 4,213 | D | — | — | (F1) Not applicable. |
| 3 | Common | Common Stock | 2024-02-26 | F | D | 356 | $35.71 | 3,827 | 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 | 551 | $35.55 | 4,412 | 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 | 229 | $35.48 | 4,183 | D | — | — | (F2) Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes. |
| 6 | Common | Common Stock | 2024-02-26 | M | A | 750 | — | 4,963 | D | — | — | (F1) Not applicable. |
| 7 | Derivative | Restricted Units | 2024-02-26 | M | D | 483 | — | 2,734 | D | — · — to — | 483 Common Stock | (F5) Awarded pursuant to the Plan. They represent 33% of a grant of 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 | 1,167 | — | 3,217 | D | — · — to — | 1,167 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. |
| 9 | Derivative | Restricted Units | 2024-02-26 | M | D | 750 | — | 1,984 | D | — · — to — | 750 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. |