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POPULAR, INC. — Director's Dealing 2018
Jul 27, 2018
30696_dirs_2018-07-27_cfce5f56-9bd0-4f06-96a4-e2f9f2b22c47.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2018-07-25
Reporting Person: CARRION RICHARD L (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-25 | Common Stock Par Value $0.01 per share | S | 106151 | $50.00 | Disposed | 272825.331 | Direct |
| 2018-07-26 | Common Stock Par Value $0.01 per share | S | 93849 | $50.35 | Disposed | 178976.331 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock Par Value $0.01 per share | 23 | Indirect |
| Common Stock Par Value $0.01 per share | 81955 | Indirect |
| Common Stock Par Value $0.01 per share | 3408 | Indirect |
Footnotes
F1: This price is a weighted average price. These shares were sold in multiple transactions ranging from $49.59 to $50.55, inclusive. The reporting person undertakes to provide the Corporation, any security holder of the Corporation, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2: Includes 3,085.979 shares acquired since Mr. Carrion's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
F3: Includes 610.535 shares acquired under Popular Inc. Puerto Rico Savings and Investment Plan in exempt transactions pursuant to Rule 16 of the Securities Exchange Act.
F4: This price is a weighted average price. These shares were sold in multiple transactions ranging from $50.15 to 50.76, inclusive. The reporting person undertakes to provide the Corporation, any security holder of the Corporation, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5: Represents Mr. Carrion's indirect ownership in the shares of the Corporation owned by Junior Investment Corporation in which he has approximately 16.99% interest.
F6: Shares held by the estate of Mr. Carrion's deceased spouse.