AI assistant
POPULAR, INC. — Director's Dealing 2018
Feb 28, 2018
30696_dirs_2018-02-28_41579683-8df9-4cba-adde-38f2a41f4c6a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2018-02-27
Reporting Person: FERRER JAVIER D. (Executive VP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-27 | Common Stock Par Value $0.01 per share | M | 2049 | — | Acquired | 31034.802 | Direct |
| 2018-02-27 | Common Stock Par Value $0.01 per share | F | 561 | $42.84 | Disposed | 30473.802 | Direct |
| 2018-02-27 | Common Stock Par Value $0.01 per share | F | 541 | $42.84 | Disposed | 29932.802 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-27 | Restricted Stock Units | $ | M | 2049 | Disposed | Common Stock Par Value $0.01 per share (2049) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock Par Value $0.01 per share | 1167 | Indirect |
Footnotes
F1: Restricted Stock Units convert into an equivalent number of shares of Common Stock.
F2: Mr. Ferrer disclaims beneficial ownership of Popular Inc.'s shares held by his wife and has no investment authority over those shares.
F3: On January 26, 2018, 2,049 performance share units granted to the reporting person on February 27, 2015 were converted into restricted stock units upon their performance-based vesting. The restricted stock units remained subject to continued time-based vesting conditions through February 27, 2018.