OFG BANCORP 4
4 · OFG BANCORP · Filed Mar 3, 2014
Insider Transaction Report
Form 4
OFG BANCORPOFG
GONZALEZ NORBERTO
EVP & CFO
Transactions
- Award
Restricted Units
2014-02-27+1,200→ 7,500 total→ Common Stock (1,200 underlying) - Award
Qualified Stock Option
2014-02-27+27,100→ 138,933 totalExercise: $16.10From: 2016-02-27Exp: 2024-02-27→ Common Stock (27,100 underlying)
Footnotes (6)
- [F1]Represents a right to buy the underlying securities.
- [F2]Will become exercisable at the rate of 25% per year commencing on the second anniversary date of the award date.
- [F3]Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.
- [F4]Not applicable. The Grantee is expected to receive the underlying shares of common stock at the end of the Restricted Period.
- [F5]Subject to the provisions of the Plan, the Restricted Period shall lapse in its entirety on the third anniversary of the date of this Award.
- [F6]Not applicable.