OFG BANCORP — Director's Dealing 2020

Dec 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2020-12-23

Reporting Person: Kumar Ganesh (SEVP & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-23	Common Stock	M	9500	$11.82	Acquired	59229	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-23	Qualified Stock Options	$11.82	M	9500	Disposed	2021-01-21	Common Stock (9500)	Direct

Footnotes

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

F2: This Award became exercisable at the rate of 25% per year commencing on January 21, 2013.

F3: The executive is exercising a derivative security.