Filing Details

Accession Number:
0001209191-13-029034
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-05-28 15:46:06
Reporting Period:
2013-05-23
Filing Date:
2013-05-28
Accepted Time:
2013-05-28 15:46:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
763901 Popular Inc BPOP State Commercial Banks (6022) 660667416
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187725 L Richard Carrion Po Box 362708
San Juan PR 00936-2708
Chairman & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Par Value $0.01 Per Share Disposition 2013-05-23 54,810 $29.27 130,190 No 4 S Indirect Junior Investment Corporation
Common Stock Par Value $0.01 Per Share Disposition 2013-05-24 18,270 $29.16 111,920 No 4 S Indirect Junior Investment Corporation
Common Stock Par Value $0.01 Per Share Disposition 2013-05-28 3,937 $29.84 107,983 No 4 S Indirect Junior Investment Corporation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Junior Investment Corporation
No 4 S Indirect Junior Investment Corporation
No 4 S Indirect Junior Investment Corporation
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock Par Value $0.01 Per Share 296,286 Direct
Common Stock Par Value $0.01 Per Share 23 Indirect by son
Common Stock Par Value $0.01 Per Share 3,408 Indirect by wife
Footnotes
  1. On May 23, 2013, Junior Investment Corporation ("Junior Investment") sold 300,000 shares of common stock of the Corporation. Mr. Carrion has an 18.27% ownership interest in Junior Investment.
  2. This price is a weighted average price. These shares were sold in multiple transactions ranging from $29.09 to $29.40, 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, information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. Represents Mr. Carrion's indirect ownership in the shares of the Corporation owned by Junior Investement in which he has an 18.27% ownership interest.
  4. On May 24, 2013, Junior Investment sold 100,000 shares of common stock of the Corporation. Mr. Carrion has an 18.27% ownership interest in Junior Investment.
  5. This price is a weighted average price. These shares were sold in multiple transactions ranging from $29.15 to $29.22, 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, information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  6. On May 28, 2013, Junior Investment sold 21,550 shares of common stock of the Corporation. Mr. Carrion has an 18.27% ownership interest in Junior Investment.
  7. This price is a weighted average price. These shares were sold in multiple transactions ranging from $29.55 to $30.03, 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, information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  8. Junior Investment owns 591,038 shares of common stock of the Corporation following the reported transactions in the aggregate.