WILLIAMS CAMERON 4
4 · POPULAR INC · Filed Nov 21, 2005
Insider Transaction Report
Form 4
POPULAR INCBPOP
WILLIAMS CAMERON
Executive Vice President
Transactions
- Other
Deferred Compensation
2005-11-17+20,257→ 20,257 totalExercise: $0.00→ Common Stock Par Value $6 per share (20,257 underlying)
Footnotes (2)
- [F1]The reported amount represented unfunded theoretical common shares credited to the account of the reporting person under Popular Financial Holdings Supplemental Employees Retirement Plan and Popular Financial Holdings Non Qualified Excess Plan. Under the terms of the Plans, a portion of the reporting person's compensation is deferred and deemed to be invested in various earnings crediting options including common shares of Popular Inc. Distributions under the Plan are made in cash or commosn shares of Popular in accordance with the terms of the Plans and generally commence upon termination of the reporting person employment.
- [F2]The account balances may be settled in Popular Inc.'s Common Stock or cash subsequent to termination of service.