POPULAR, INC. — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POPULAR, INC. (BPOP)
CIK: 0000763901
Period of Report: 2021-01-04

Reporting Person: Ferre Maria Luisa (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Restricted Stock Units	$	A	44	Acquired		Common Stock Par Value $0.01 per share (44)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Par Value $0.01 per share	36387.017	Direct
Common Stock Par Value $0.01 per share	12139	Indirect

Footnotes

F1: Includes 230.710 shares acquired pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.

F2: Ms. Ferre is the President and a Trustee of The Luis A. Ferre Foundation, Inc.

F3: Restricted stock units convert into common stock on a one-for-one basis.

F4: 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.

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.