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OFG BANCORP Director's Dealing 2015

Feb 26, 2015

31700_dirs_2015-02-26_d298088d-4812-4c09-85a9-737c76dc500f.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: 2015-02-24

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-02-24 Qualified Stock Option $17.44 A 46300 Acquired 2025-02-24 Common Stock (46300) Direct

Footnotes

F1: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan ("Plan"). Represent a right to buy the underlying securities.

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

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