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POPULAR, INC. Director's Dealing 2021

Jul 6, 2021

30696_dirs_2021-07-06_3b8c2413-5373-4bd1-953a-79dc6a63fe70.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: 2021-07-01

Reporting Person: Soto Myrna (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-07-01 Restricted Stock Units $ A 72 Acquired Common Stock Par Value $0.01 per share (72) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock Par Value $0.01 per share 2982.243 Direct

Footnotes

F1: Includes 15.693 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transaction exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.

F2: Restricted stock units convert into common stock on a one-for-one basis.

F3: Reflects Restricted Stock Units ("RSUs") received by the reporting person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the reporting person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to ordinary shareholders. Dividend equivalents on RSUs are subject to the same terms and conditions as the underlying RSUs.

F4: 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.