POPULAR, INC. — Director's Dealing 2020

Jan 28, 2020

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: POPULAR INC (BPOP)
CIK: 0000763901
Period of Report: 2019-12-31

Reporting Person: CHINEA MANUEL (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Common Stock Par Value $0.01 per share	J	187.219	$0.00	Acquired	22236.105	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-31	Phantom Stock	$	J	46.708	Acquired		Common Stock Par Value $0.01 per share (46.708)	Direct

Footnotes

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

F2: Each share of phantom stock is the economic equivalent of one share of the Corporation's common stock.

F3: Shares of phantom stock are payable following the termination of the reporting person's employment with the Corporation. The reporting person may transfer his phantom stock account into an alternative investment account at any time.