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POPULAR, INC. — Director's Dealing 2012
Apr 26, 2012
30696_dirs_2012-04-26_cc8f823f-9c45-4d15-bbef-da84897171f2.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: 2012-04-24
Reporting Person: GONZALEZ ILEANA (Sr. VP & Comptroller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-04-24 | Common Stock Par Value $0.01 per share | J | 58689 | $0.00 | Acquired | 153108 | Direct |
Footnotes
F1: Issued pursuant to the Popular, Inc. 2004 Omnibus Incentive Plan consistent with the requirements of the Interim Final Rule on TARP Standards for Compensation and Corporate Governance issued by the U.S. Department of the Treasury in June 2009. The shares will vest on the second anniversary of the grant date. In order to be transferable, the Corporation must have achieved profitability for at least one fiscal year. Once the profitability condition is obtained, the restricted stock will be transferable in 25% increments as the Corporation repays the financial assistance received under TARP.