POPULAR, INC. — Director's Dealing 2018

Feb 14, 2018

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2017-12-31

Reporting Person: CHINEA MANUEL (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-31	Common Stock Par Value $0.01 per share	J	194.302	$0.00	Acquired	15407.794	Direct
2017-12-31	Common Stock Par Value $0.01 per share	J	87.03	$0.00	Acquired	15494.824	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-31	Phantom Stock	$	J	53.248	Acquired		Common Stock Par Value $0.01 per share (53.248)	Direct

Footnotes

F1: Shares acquired pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.

F2: Acquired under Popular, Inc. USA 401(K) Savings and Investment Plan in exempt transactions pursuant to Rule 16 during calendar year 2017.

F3: Each share of phantom stock is the economic equivalent of one share of the Corporation's common stock.

F4: 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.

F5: 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.