Gonzalez Hugh 4
4 · OFG BANCORP · Filed Feb 28, 2024
Insider Transaction Report
Form 4
OFG BANCORPOFG
Gonzalez Hugh
General Counsel
Transactions
- Exercise/Conversion
Restricted Units
2024-02-26−650→ 1,700 total→ Common Stock (650 underlying) - Exercise/Conversion
Common Stock
2024-02-26+400→ 11,459 total - Exercise/Conversion
Common Stock
2024-02-26+650→ 11,059 total - Exercise/Conversion
Common Stock
2024-02-26+334→ 11,793 total - Tax Payment
Common Stock
2024-02-26$35.71/sh−237$8,463→ 11,288 total - Exercise/Conversion
Restricted Units
2024-02-26−334→ 2,750 total→ Common Stock (334 underlying) - Tax Payment
Common Stock
2024-02-26$35.48/sh−146$5,180→ 11,525 total - Tax Payment
Common Stock
2024-02-26$35.55/sh−122$4,337→ 11,671 total - Exercise/Conversion
Restricted Units
2024-02-26−400→ 2,350 total→ Common Stock (400 underlying)
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 RUs of February 22, 2022.
- [F6]Awarded pursuant to the Plan. They represent 33% of a grant of RUs of February 21, 2023.