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POPULAR, INC. Director's Dealing 2011

Feb 4, 2011

30696_dirs_2011-02-04_e1cec7e8-ab9b-4ef6-a9f2-7d724fe22d85.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2011-02-02

Reporting Person: Ferre Maria Luisa (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-02 Common Stock Par Value $0.01 per share J 2686 $0.00 Acquired 90339 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock Par Value $0.01 per share 2961647 Indirect
Common Stock Par Value $0.01 per share 22300 Indirect
Common Stock Par Value $0.01 per share 437401 Indirect
Common Stock Par Value $0.01 per share 2970 Indirect
Common Stock Par Value $0.01 per share 3081082 Indirect
8.25% Non-Cumulative Monthly Income Preferred Stock Series B 4175 Indirect

Footnotes

F1: Award of Restricted Stock pursuant to Popular, Inc.'s 2004 Omnibus Incentive Plan. The restriction of such restricted stock award lapses upon the retirement of the director.

F2: El Dia Inc is 90% owned by FRG, Inc.

F3: These amounts have been adjusted to reflect that a purported conversion of 4,175 shares of 8.25% Non-Cumulative Monthly Income Preferred Stock, Series B that was previously reported on a Form 4 dated November 5, 2009 was never actually consummated.

F4: Ms. Ferre is the President and a Trustee of Luis A Ferre Foundation.

F5: Ranfe Inc is 100% owned by Ferre Rangel children.

F6: FRG, Inc. is 100% owned by Ferre Rangel Family. Ms Ferre is the CEO,President & Director of FRG, Inc.