OFG BANCORP — Director's Dealing 2023

Mar 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OFG BANCORP (OFG)
CIK: 0001030469
Period of Report: 2023-03-17

Reporting Person: FERNANDEZ JOSE RAFAEL (Director, CEO & Vice Chairperson BOD)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-17	Restricted Units	$	A	20350	Acquired		Common Stock (20350)	Direct

Footnotes

F1: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan ("Plan") per grant of February 21, 2023.

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.