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: SEPULVEDA ELI (EVP)

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	1565	—	Acquired	42970.817	Direct
2018-02-27	Common Stock Par Value $0.01 per share	F	429	$42.84	Disposed	42541.817	Direct
2018-02-27	Common Stock Par Value $0.01 per share	F	414	$42.84	Disposed	42127.817	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-27	Restricted Stock Units	$	M	1565	Disposed		Common Stock Par Value $0.01 per share (1565)	Direct

Footnotes

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

F2: On January 26, 2018, 1,565 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.