OFG BANCORP — Director's Dealing 2013

Aug 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2013-08-09

Reporting Person: GONZALEZ NORBERTO (EVP & CRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-09	Common Stock	M	59	$8.28	Acquired	19259	Direct
2013-08-09	Common Stock	M	341	$11.5	Acquired	19600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-09	Qualified Stock Option	$8.28	M	59	Disposed	2019-04-28	Common Stock (59)	Direct
2013-08-09	Qualified Stock Option	$11.5	M	341	Disposed	2020-01-18	Common Stock (341)	Direct

Footnotes

F1: Awarded pursuant to the Amended and Restated OFG Bancorp 2007 Omnibus Performance Plan.

F2: This award becomes exercisable at the rate of 25% per year commencing on April 28, 2011.

F3: The executive is exercising a derivative security.

F4: This award is exercisable at the rate of 25% per year commencing on January 18, 2012.