4//SEC Filing
Haggarty Patrick J. 4
Accession 0001562180-25-002249
CIK 0001030469other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 4:02 PM ET
Size
15.0 KB
Accession
0001562180-25-002249
Insider Transaction Report
Form 4
OFG BANCORPOFG
Haggarty Patrick J.
Managing Director Comm. Bankin
Transactions
- Exercise/Conversion
Restricted Units
2025-03-07−1,950→ 2,184 total→ Common Stock (1,950 underlying) - Exercise/Conversion
Common Stock
2025-03-07+1,950→ 26,789 total - Tax Payment
Common Stock
2025-03-07$41.63/sh−458$19,067→ 26,331 total - Award
Restricted Units
2025-03-07+1,980→ 4,164 total→ Common Stock (1,980 underlying)
Footnotes (7)
- [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 33% of grants of Restricted Units ("RUs") dated February 22, 2022, February 21, 2023, and February 23, 2024.
- [F4]The Restricted Units convert to Common Stock on a one-to-one basis.
- [F5]Awarded pursuant to the Plan per grant of February 20, 2025.
- [F6]Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
- [F7]Subject to the provisions of the Plan, the Restricted Period shall lapse in three annual installments as follows: 33% on the first anniversary, 33% on the second anniversary, and 33% on the third anniversary of the date of the Award.
Issuer
OFG BANCORP
CIK 0001030469
Entity typeother
Related Parties
1- filerCIK 0001963953
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 4:02 PM ET
- Size
- 15.0 KB