OFG BANCORP — Director's Dealing 2019

Apr 2, 2019

SEC Form 4/A — Form 4/A

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2019-03-28

Reporting Person: FERNANDEZ JOSE RAFAEL (President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-28	Restricted Units	$	A	17400	Acquired		Common Stock (17400)	Direct

Footnotes

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

F2: Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.

F3: This Form 4 is amended to correct the date of the earliest transaction and the transaction date so that it reads March 28, 2019 instead of March 27, 2019.

F4: Subject to the provisions of the Plan, the Restricted Period shall lapse in three annual installments as follows: 33% on the first anniversary; 33% on the second anniversary; and 34% on the third anniversary of the date of the Award.

F5: This Form 4 is amended to correct the time on which the Restricted Period lapses. Instead of lapsing on the third anniversary date of the Award, subject to the provisions of the Plan, the Restricted Period lapses in three annual installments as set forth in note 4.

F6: Not applicable.