OFG BANCORP — Director's Dealing 2016

May 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2016-05-11

Reporting Person: Kumar Ganesh (CFO & EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-11	Noncumulative Monthly Income Preferred Stock, Series B	S	500	$18.75	Disposed	2000	Direct
2016-05-12	Noncumulative Monthly Income Preferred Stock, Series B	S	500	$18.75	Disposed	1500	Direct

Footnotes

F1: Beneficial ownership of these securities was originally held indirectly by the reporting person through a non-qualified deferred compensation plan. In 2014, the reporting person became the direct owner of such securities.