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OFG BANCORP — Director's Dealing 2025
Mar 7, 2025
31700_dirs_2025-03-07_07143f3c-bf4a-49bb-8fd3-a73c934a9a95.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: 2025-03-07
Reporting Person: Rodriguez Mari Evelyn (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-07 | Common Stock | M | 716.00 | — | Acquired | 3465.00 | Direct |
| 2025-03-07 | Common Stock | F | 198.00 | $41.61 | Disposed | 3267.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-07 | Restricted Units | $ | M | 716.00 | Disposed | Common Stock (716.00) | Direct | |
| 2025-03-07 | Restricted Units | $ | A | 1980.00 | Acquired | Common Stock (1980.00) | 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. They represent 33% of a grant of Restricted Units ("RUs") of February 23, 2024.
F4: The Restricted Units convert to Common Stock on a one-to-one basis.
F5: Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan per grant of February 20, 2025.
F6: Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
F7: 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 33% on the third anniversary of the date of the Award.