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POPULAR, INC. — Director's Dealing 2021
Aug 19, 2021
30696_dirs_2021-08-19_4dd99eca-3998-42fd-abe2-7b2d6c712193.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: 2021-08-18
Reporting Person: Ferre Maria Luisa (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-18 | Common Stock Par Value $0.01 per share | S | 2171 | $75.805 | Disposed | 34593.742 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock Par Value $0.01 per share | 13541 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock Par Value $0.01 per share (0) | 7608 | Direct |
Footnotes
F1: This price is a weighted average price. These shares were sold in multiple transactions ranging from $75.79 to $75.81, inclusive. The reporting person undertakes to provide to the Corporation, any security holder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2: Reflects a decrease of 0.996 shares resulting from the cash-out of a fractional share upon the distribution of securities under the Popular, Inc. Dividend Reinvestment and Stock Purchase Plan in a transaction exempt from Section 16 of the Securities Exchange Act.
F3: Ms. Ferre is the President and a Trustee of The Luis A. Ferre Foundation, Inc.
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 on the 15th of August following the date of termination of service as a director.