Cabrera Jose E. 4
4 · OFG BANCORP · Filed Mar 10, 2022
Insider Transaction Report
Form 4
OFG BANCORPOFG
Cabrera Jose E.
Chief Risk & Compliance Office
Transactions
- Exercise/Conversion
Common Stock
2022-03-08+2,210→ 3,376 total - Tax Payment
Common Stock
2022-03-08$27.72/sh−556$15,412→ 2,820 total - Tax Payment
Common Stock
2022-03-08$27.89/sh−1,054$29,396→ 1,766 total - Exercise/Conversion
Common Stock
2022-03-08+1,166→ 1,166 total - Exercise/Conversion
Restricted Units
2022-03-08−1,166→ 4,834 total→ Common Stock (1,166 underlying)
Footnotes (5)
- [F1]Not applicable.
- [F2]Represents shares of Common Stock received upon settlement of a performance share unit award on September 22, 2020, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan").
- [F3]Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes.
- [F4]Awarded pursuant to the Plan.
- [F5]The Restricted Units convert to Common Stock on a one-for-one basis.