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OFG BANCORP Director's Dealing 2014

Jun 10, 2014

31700_dirs_2014-06-09_4bd9cbf7-732f-473a-a593-603ccbe4dc11.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2014-06-06

Reporting Person: GONZALEZ NORBERTO (EVP & CRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-06	Common Stock	M	4058	$11.82	Acquired	24058	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-06	Qualified Stock Option	$11.82	M	4058	Disposed	2021-01-21	Common Stock (4058)	Direct

Footnotes

F1: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. These options represented a right to buy the underlying securities.

F2: This Award is exercisable at the rate of 25% per year commencing on January 21, 2013.

F3: The executive is exercising a derivative security.