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: SOUFFRONT CARLOS (General Counsel and Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-27	Restricted Units	$	A	12300	Acquired		Common Stock (12300)	Direct

Footnotes

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

F2: Not applicable. The Grantee is expected 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: Not applicable.