POPULAR, INC. — Director's Dealing 2018

Apr 30, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2018-04-26

Reporting Person: Garcia Jorge J. (Senior VP & Comptroller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-26	Common Stock Par Value $0.01 per share	A	2365	$0.00	Acquired	14049.611	Direct

Footnotes

F1: Award of restricted stock pursuant to Popular, Inc.'s 2004 Omnibus Incentive Plan, as amended. The number of shares subject to the award was determined based on the closing price of Popular, Inc.'s common stock on the grant date of April 26, 2018. Eighty percent (80%) of the award vests in equal annual installments on each of the first four anniversaries of April 27, 2018, and twenty percent (20%) of the award vests upon termination of the executive's employment after attaining (x) age 55 with 10 years of service or (y) age 60 with 5 years of service.

F2: Includes 92.52 shares acquired since Mr. Garcia's last Form 5, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.