OFG BANCORP — Director's Dealing 2021

Mar 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2021-03-24

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-24	Restricted Units	$	A	28850	Acquired		Common Stock (28850)	Direct

Footnotes

F1: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of February 17, 2021.

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 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.

F4: Not applicable.