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POPULAR, INC. Director's Dealing 2019

Feb 19, 2019

30696_dirs_2019-02-19_976abaf8-1da4-486a-b69f-83c6201f0c83.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: 2019-02-14

Reporting Person: CESTERO LUIS E. (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-14 Common Stock Par Value $0.01 per share A 2798 $0.00 Acquired 15918.668 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock Par Value $0.01 per share 523.174 Indirect

Footnotes

F1: Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. Eighty percent (80%) of the award vests in equal annual installments on each of February 23, 2020, 2021, 2022 and 2023, 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 66.035 shares acquired since Mr. Cestero's last Form 5, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act; and 0.633 share acquired under Popular, Inc. Puerto Rico Savings and Investment Plan in exempt transactions pursuant to Rule 16(b)(3).

F3: Includes 2.517 shares acquired pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.