Kumar Ganesh 4
4 · OFG BANCORP · Filed Feb 28, 2024
Insider Transaction Report
Form 4
OFG BANCORPOFG
Kumar Ganesh
EVP & Strategic Planning Head
Transactions
- Exercise/Conversion
Common Stock
2024-02-26+4,217→ 154,621 total - Exercise/Conversion
Common Stock
2024-02-26+4,233→ 158,854 total - Exercise/Conversion
Common Stock
2024-02-26+6,484→ 150,404 total - Exercise/Conversion
Restricted Units
2024-02-26−4,217→ 16,917 total→ Common Stock (4,217 underlying) - Exercise/Conversion
Restricted Units
2024-02-26−4,233→ 12,684 total→ Common Stock (4,233 underlying) - Tax Payment
Common Stock
2024-02-26$35.55/sh−2,293$81,516→ 156,561 total - Tax Payment
Common Stock
2024-02-26$35.71/sh−1,497$53,458→ 153,573 total - Exercise/Conversion
Restricted Units
2024-02-26−6,484→ 21,134 total→ Common Stock (6,484 underlying) - Tax Payment
Common Stock
2024-02-26$35.48/sh−1,491$52,901→ 155,070 total
Footnotes (6)
- [F1]Not applicable.
- [F2]Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes.
- [F3]Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). They represent 34% of a grant of Restricted Units ("RUs") of February 17, 2021
- [F4]The Restricted Units convert to Common Stock on a one-for-one basis.
- [F5]Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units of February 22, 2022.
- [F6]Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units of February 21, 2023.