OFG BANCORP 4
4 · OFG BANCORP · Filed Feb 26, 2015
Insider Transaction Report
Form 4
OFG BANCORPOFG
ROSADO RAMON A
SVP & Treasurer
Transactions
- Award
Qualified Stock Option
2015-02-24+6,000→ 28,500 totalExercise: $17.44From: 2017-02-24Exp: 2025-02-24→ Common Stock (6,000 underlying) - Award
Restricted Units
2015-02-24+400→ 4,900 total→ Common Stock (400 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 ("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 date of this Award.
- [F6]Not applicable.