POPULAR, INC. — Director's Dealing 2020

Apr 3, 2020

SEC Form 4/A — Form 4/A

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2020-04-01

Reporting Person: UNANUE CARLOS (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Par Value $0.01 per share	52046.726	Direct
Common Stock Par Value $0.01 per share	75731	Indirect
Common Stock Par Value $0.01 per share	5331	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock Par Value $0.01 per share (0)	3564	Direct

Footnotes

F1: The amount of securities beneficially owned reported in the Form 4 hereby amended mistakenly included .394 additional shares. Of these .394 shares, .197 shares were mistakenly added, when they should have been deducted from the securities beneficially owned to reflect a decrease of .197 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 .197 shares mistakenly added and the .197 shares not deducted, totaling the .394 shares that were unintentionally included in the reporting person's Form 4 that is hereby amended.

F2: Mr. Unanue disclaims beneficial ownership of Popular, Inc.'s shares held by his mother.

F3: Represents 8.33% of Popular, Inc.'s common stock held by Island Can Corp. of which Mr. Unanue has an ownership interest of 8.33% and is General Manager.

F4: Restricted stock units convert into common stock on a one-for-one basis.

F5: 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.