Filing Details
- Accession Number:
- 0001562180-23-002074
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-01 17:49:47
- Reporting Period:
- 2023-02-27
- Accepted Time:
- 2023-03-01 17:49:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1030469 | Ofg Bancorp | OFG | State Commercial Banks (6022) | 660538893 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1302232 | Ganesh Kumar | P.o. Box 195115 San Juan PR 00919-5115 | Chief Operating Officer | No | No | 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 | Acquisiton | 2023-02-27 | 3,334 | $0.00 | 158,601 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-02-27 | 6,483 | $0.00 | 165,084 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-02-27 | 4,216 | $0.00 | 169,300 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-02-27 | 15,000 | $0.00 | 184,300 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-02-27 | 1,179 | $29.42 | 183,121 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-02-27 | 2,292 | $29.70 | 180,829 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-02-27 | 1,491 | $29.70 | 179,338 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-02-27 | 5,303 | $29.42 | 174,035 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-02-27 | 6,468 | $30.00 | 167,567 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Units | Disposition | 2023-02-27 | 3,334 | $0.00 | 3,334 | $0.00 |
| Common Stock | Restricted Units | Disposition | 2023-02-27 | 6,483 | $0.00 | 6,483 | $0.00 |
| Common Stock | Restricted Units | Disposition | 2023-02-27 | 4,216 | $0.00 | 4,216 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 25,617 | No | 4 | M | Direct | ||
| 19,134 | No | 4 | M | Direct | ||
| 14,918 | No | 4 | M | Direct |
Footnotes
- Not applicable.
- Represent shares of Common Stock received upon settlement of a performance share unit award on February 18, 2020 under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan").
- Represents shares of Common Stock withheld against both Performance Shares Units and Restricted Units for payment of applicable taxes.
- Awarded pursuant to the Plan. They represent 34% of a grant of Restricted Units ("RUs") of February 18, 2020.
- The Restricted Units convert to Common Stock on a one-for-one basis.
- Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 17, 2021.
- Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units ("RUs") of February 22, 2022.
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