OFG BANCORP — Director's Dealing 2021

Mar 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-03	Common Stock	A	29009	—	Acquired	267030.688	Direct
2021-03-03	Common Stock	A	57890	—	Acquired	324920.688	Direct
2021-03-03	Common Stock	F	5000	$20.32	Disposed	319920.688	Direct
2021-03-03	Common Stock	F	5000	$20.45	Disposed	314920.688	Direct
2021-03-03	Common Stock	F	5000	$20.4	Disposed	309920.688	Direct
2021-03-03	Common Stock	F	5000	$20.35	Disposed	304920.688	Direct
2021-03-03	Common Stock	F	5000	$20.0958	Disposed	299920.688	Direct
2021-03-04	Common Stock	F	1195	$20.3	Disposed	298725.688	Direct
2021-03-04	Common Stock	F	100	$20.38	Disposed	298625.688	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-03	Restricted Units	$	M	57890	Disposed		Common Stock (57890)	Direct

Footnotes

F1: Represents shares of Common Stock received upon settlement of a performance share unit award on August 22, 2018 under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.

F2: Not applicable.

F3: Represents shares of Common Stock withheld against both Performance Shares and Restricted Units for payment of applicable taxes.

F4: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.

F5: The Restricted Units convert to Common Stock on a one-for-one basis.