OFG BANCORP — Director's Dealing 2013

Jan 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORIENTAL FINANCIAL GROUP INC (OFG)
CIK: 0001030469
Period of Report: 2013-01-22

Reporting Person: Kumar Ganesh (EVP & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-22	Restricted Units	$	A	13200	Acquired		Common Stock (13200)	Direct
2013-01-22	Qualified Stock Option	$14.52	A	25500	Acquired	2023-01-22	Common Stock (25500)	Direct

Footnotes

F1: Awarded pursuant to the Amended and Restated Oriental Financial Group Inc. 2007 Omnibus Performance Incentive Plan.

F2: Not applicable. The Grantee is expetected to receive the underlying shares of common stock at the end of the Restricted Period.

F3: Subject to the provisions of the Plan, the Restricted Period shall lapse in its entirety on the third anniversary of the date of this Award.

F4: See prior footnote.

F5: Not applicable.

F6: Will become exercisable at the rate of 25% per year commencing on the second anniversary of the award date.