OFG BANCORP — Director's Dealing 2014

Mar 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2014-02-27

Reporting Person: FERNANDEZ JOSE RAFAEL (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-27	Qualified Stock Option	$16.1	A	52300	Acquired	2024-02-27	Common Stock (52300)	Direct

Footnotes

F1: Represents a right to buy the underlying securities.

F2: Will become exercisable at the rate of 25% per year commencing on the second anniversary date of the award date.

F3: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.