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POPULAR, INC. — Director's Dealing 2020
Apr 3, 2020
30696_dirs_2020-04-03_a77d26bc-2406-49fb-a327-eeb8b0666eea.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2020-04-01
Reporting Person: DIERCKSEN JOHN W (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock Par Value $0.01 per share | 22404.921 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock Par Value $0.01 per share (0) | 4074 | Direct |
Footnotes
F1: The amount of securities beneficially owned reported in the Form 4 hereby amended mistakenly included 1.59 additional shares. Of these 1.59 shares, .795 shares were mistakenly added, when they should have been deducted from the securities beneficially owned to reflect a decrease of .795 shares that were included in prior filings as a result of the rounding of reinvested dividends paid by the Corporations in transactions exempt form Section 16 of the Securities Exchange Act. As a result, the amount of securities beneficially owned has been adjusted to deduct the .795 shares mistakenly added and the .795 shares not deducted, totaling the 1.59 shares that were unintentionally included in the reporting person's Form 4 that is hereby amended.
F2: Restricted stock units convert into common stock on a one-for-one basis.
F3: Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.