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

Role
Executive Vice President
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Stock symbol
BPOP
Transactions as of
Feb 22, 2024
Transactions value $
$399,034
Form type
4
Date filed
2/26/2024, 02:09 PM
Previous filing
Jan 25, 2024
Next filing
May 13, 2024

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 $283K +3.39K +9.95% $83.48 37.4K Feb 22, 2024 Direct F1, F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability -$114K -1.37K -3.65% $83.48 36K Feb 22, 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $391K +4.68K +12.98% $83.48 40.7K Feb 22, 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Tax liability -$160K -1.92K -4.71% $83.48 38.8K Feb 22, 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 3.24K Feb 22, 2024 Common Stock Par Value $0.01 per share 3.24K 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.