OFG BANCORP — Director's Dealing 2022

Mar 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2022-03-08

Reporting Person: Cabrera Jose E. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-08	Common Stock	M	1166.00	—	Acquired	1166.00	Direct
2022-03-08	Common Stock	M	2210.00	—	Acquired	3376.00	Direct
2022-03-08	Common Stock	F	556.00	$27.72	Disposed	2820.00	Direct
2022-03-08	Common Stock	F	1054.00	$27.89	Disposed	1766.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-08	Restricted Units	$	M	1166.00	Disposed		Common Stock (1166.00)	Direct

Footnotes

F1: Not applicable.

F2: Represents shares of Common Stock received upon settlement of a performance share unit award on September 22, 2020, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan").

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.

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