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POPULAR, INC. Director's Dealing 2017

May 16, 2017

30696_dirs_2017-05-16_bcb6db8f-6723-4c29-8286-70b62ac30d49.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: 2017-05-12

Reporting Person: CHINEA MANUEL (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-12 Common Stock Par Value $0.01 per share F 256 $41.91 Disposed 15583.492 Direct
2017-05-12 Common Stock Par Value $0.01 per share F 370 $42.40 Disposed 15213.492 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-15 Phantom Stock $ J 16.339 Acquired Common Stock Par Value $0.01 per share (16.339) Direct

Footnotes

F1: Based on the closing price of the common stock on April 29, 2017, the vesting date.

F2: Based on the closing price of the common stock on May 3, 2017, the vesting date.

F3: Includes 87.262 shares acquired pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.

F4: Each share of phantom stock is the economic equivalent of one share of the Corporation's common stock.

F5: Shares acquired under the Popular North America Deferral Plan pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.

F6: Shares of phantom stock are payable following the termination of the reporting person's employment with the Corporation. The reporting person may transfer his phantom stock account into an alternative investment account at any time.