MANUEL CHINEA - 22 Feb 2024 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
Executive Vice President
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
22 Feb 2024
Net transactions value
+$399,034
Form type
4
Filing time
26 Feb 2024, 14:09:09 UTC
Previous filing
25 Jan 2024
Next filing
13 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BPOP Common Stock Par Value $0.01 per share Award $282,580 +3,385 +9.9% $83.48 37,410 22 Feb 2024 Direct F1, F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $113,950 -1,365 -3.6% $83.48 36,045 22 Feb 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $390,519 +4,678 +13% $83.48 40,723 22 Feb 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $160,115 -1,918 -4.7% $83.48 38,805 22 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BPOP Phantom Stock 3,244 22 Feb 2024 Common Stock Par Value $0.01 per share 3,244 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2025, 2026, 2027, 2028.
F2 Includes 248.318 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
F3 Each share of phantom stock is the economic equivalent of one share of the Corporation's common stock.
F4 Shares of phantom stock are payable following the termination of the reporting person's employment with the Corporation. The reporting person may transfer his phantom stock account into an alternative investment account at any time.