POPULAR, INC. — Director's Dealing 2018

May 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2018-05-08

Reporting Person: Ferre Maria Luisa (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-08	Common Stock Par Value $0.01 per share	A	2133	$0.00	Acquired	36940.224	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Par Value $0.01 per share	43739	Indirect
Common Stock Par Value $0.01 per share	297	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: Includes 399.589 shares acquired pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.

F3: Ms. Ferre is the President and a Trustee of The Luis A. Ferre Foundation, Inc.

F4: Ranfe Inc. is 100% owned by the Ferre Rangel siblings.