POPULAR, INC. — Director's Dealing 2019

Oct 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2019-10-01

Reporting Person: CARRION RICHARD L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-01	Restricted Stock Units	$	A	11	Acquired		Common Stock Par Value $0.01 per share (11)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Par Value $0.01 per share	192482.187	Direct
Common Stock Par Value $0.01 per share	207	Indirect
Common Stock Par Value $0.01 per share	3222	Indirect
Common Stock Par Value $0.01 per share	73694	Indirect

Footnotes

F1: Includes 170.129 shares acquired pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.

F2: Reflects a decrease of 1.083 shares resulting from the cash-out of a fractional share upon the distribution of securities in a transaction exempt from Section 16 of the Securities Exchange Act.

F3: Shares held by the estate of Mr. Carrion's deceased spouse.

F4: 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.

F5: Restricted stock units convert into common stock on a one-for-one basis.

F6: Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.