POPULAR, INC. — Director's Dealing 2015

Nov 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2015-10-30

Reporting Person: Ferre Maria Luisa (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-30	Common Stock Par Value $0.01 per share	S	2500	$30.00	Disposed	305607	Indirect
2015-11-02	Common Stock Par Value $0.01 per share	S	305607	$29.73	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
8.25% Non-Cumulative Monthly Income Preferred Stock Series B	4175	Indirect
Common Stock Par Value $0.01 per share	27173	Direct
Common Stock Par Value $0.01 per share	296164	Indirect
Common Stock Par Value $0.01 per share	43739	Indirect
Common Stock Par Value $0.01 per share	297	Indirect

Footnotes

F1: The amount of outstanding shares owned has been reduced by one share to reflect the correct number of shares held.

F2: FRG, Inc. is 100% owned by the Ferre Rangel Family. Ms. Ferre is shareholder, CEO, President & Director of FRG, Inc.

F3: This price is a weighted average price. These shares were sold on multiple transactions ranging from $29.55 to $30.06 inclusive. The reporting person undertakes to provide to the Corporation, any security holder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F4: GFR Media, LLC (formerly El Dia Inc) is 100% owned by FRG, Inc.

F5: Ms. Ferre is the President and a Trustee of The Luis A. Ferre Foundation, Inc.

F6: Ranfe Inc. is 100% owned by the Ferre Rangel siblings.