POPULAR, INC. — Director's Dealing 2018

Feb 28, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2018-02-27

Reporting Person: GUERRERO JUAN (Executive Vice President)

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	1398	—	Acquired	47172.448	Direct
2018-02-27	Common Stock Par Value $0.01 per share	F	383	$42.84	Disposed	46789.448	Direct
2018-02-27	Common Stock Par Value $0.01 per share	F	369	$42.84	Disposed	46420.448	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-27	Restricted Stock Units	$	M	1398	Disposed		Common Stock Par Value $0.01 per share (1398)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Par Value $0.01 per share	10	Indirect

Footnotes

F1: Restricted Stock Units convert into an equivalent number of shares of Common Stock.

F2: On January 26, 2018, 1,398 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.