Ortiz Cesar A 4
4 · OFG BANCORP · Filed Feb 28, 2024
Insider Transaction Report
Form 4
OFG BANCORPOFG
Ortiz Cesar A
Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2024-02-26$35.71/sh−356$12,713→ 3,827 total - Exercise/Conversion
Common Stock
2024-02-26+1,167→ 3,730 total - Exercise/Conversion
Restricted Units
2024-02-26−1,167→ 3,217 total→ Common Stock (1,167 underlying) - Exercise/Conversion
Restricted Units
2024-02-26−750→ 1,984 total→ Common Stock (750 underlying) - Exercise/Conversion
Common Stock
2024-02-26+750→ 4,963 total - Tax Payment
Common Stock
2024-02-26$35.55/sh−551$19,588→ 4,412 total - Tax Payment
Common Stock
2024-02-26$35.48/sh−229$8,125→ 4,183 total - Exercise/Conversion
Common Stock
2024-02-26+483→ 4,213 total - Exercise/Conversion
Restricted Units
2024-02-26−483→ 2,734 total→ Common Stock (483 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 Restricted Units ("RUs") of February 21,2023.