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OFG BANCORP — Director's Dealing 2024
Feb 29, 2024
31700_dirs_2024-02-28_48724218-cd5f-4d7f-9ea0-30e11f39ef60.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: 2024-02-26
Reporting Person: Garcia Ada (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-26 | Common Stock | M | 567.00 | — | Acquired | 30171.00 | Direct |
| 2024-02-26 | Common Stock | M | 483.00 | — | Acquired | 30654.00 | Direct |
| 2024-02-26 | Common Stock | M | 750.00 | — | Acquired | 31404.00 | Direct |
| 2024-02-26 | Common Stock | F | 167.00 | $35.55 | Disposed | 31237.00 | Direct |
| 2024-02-26 | Common Stock | F | 143.00 | $35.48 | Disposed | 31094.00 | Direct |
| 2024-02-26 | Common Stock | F | 221.00 | $35.71 | Disposed | 30873.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-26 | Restricted Units | $ | M | 567.00 | Disposed | Common Stock (567.00) | Direct | |
| 2024-02-26 | Restricted Units | $ | M | 483.00 | Disposed | Common Stock (483.00) | Direct | |
| 2024-02-26 | Restricted Units | $ | M | 750.00 | Disposed | Common Stock (750.00) | Direct |
Footnotes
F1: Not applicable.
F2: Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes.
F3: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). They represent 34% of a grant of Restricted Units ("RUs") of February 17, 2021.
F4: The Restricted Units convert to Common Stock on a one-for-one basis.
F5: Awarded pursuant to the Plan. They represent 33% of a grant of RUs of February 22, 2022.
F6: Awarded pursuant to the Plan. They represent 33% of a grant of RUs of February 21, 2023.