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OFG BANCORP — Director's Dealing 2022
Mar 11, 2022
31700_dirs_2022-03-11_b704396d-c138-4a1c-a95e-c685f4431501.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2022-03-09
Reporting Person: Arizmendi Maritza (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-09 | Common Stock | M | 12908.00 | — | Acquired | 38631.00 | Direct |
| 2022-03-09 | Common Stock | M | 2433.00 | — | Acquired | 41064.00 | Direct |
| 2022-03-09 | Common Stock | F | 739.00 | $27.72 | Disposed | 40325.00 | Direct |
| 2022-03-09 | Common Stock | F | 1906.00 | $27.89 | Disposed | 38419.00 | Direct |
| 2022-03-09 | Common Stock | F | 2013.00 | $27.89 | Disposed | 36406.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-09 | Restricted Units | $ | M | 2433.00 | Disposed | Common Stock (2433.00) | Direct |
Footnotes
F1: Represents shares of Common Stock received upon settlement of two performance share unit awards on February 20, 2019 and September 22, 2020, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan").
F2: Not applicable.
F3: Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes.
F4: Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 17, 2021.
F5: The Restricted Units convert to Common Stock on a one-for-one basis.