CARRION RICHARD L 4
4 · POPULAR, INC. · Filed Jul 6, 2023
Insider Transaction Report
Form 4
POPULAR, INC.BPOP
CARRION RICHARD L
Director
Transactions
- Award
Restricted Stock Units
2023-07-03+105→ 11,720 total→ Common Stock Par Value $0.01 per share (105 underlying)
Holdings
- 74,467(indirect: Junior Investment)
Common Stock Par Value $0.01 per share
- 217,968
Common Stock Par Value $0.01 per share
Footnotes (4)
- [F1]Represents Mr. Carrion's indirect ownership in the shares of Popular, Inc. owned by Junior Investment Corporation in which he has approximately 22.0140% interest.
- [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 on the 15th of August following the date of termination of service as a director.