Alejandro M. Ballester - May 1, 2024 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
Director
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Stock symbol
BPOP
Transactions as of
May 1, 2024
Transactions value $
-$49,431
Form type
4
Date filed
5/3/2024, 02:04 PM
Previous filing
Apr 3, 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 Sale -$49.4K -572 -100% $86.42 0 May 1, 2024 By daughter F1, F2
holding BPOP Common Stock Par Value $0.01 per share 58.7K May 1, 2024 Direct
holding BPOP Common Stock Par Value $0.01 per share 349 May 1, 2024 By son

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 Restricted Stock Units 12.4K May 1, 2024 Common Stock Par Value $0.01 per share 0 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price is a weighted average price. These shares were sold in multiple transactions ranging from $86.415 to $86.43, inclusive. The reporting person undertakes to provide to the Corporation, any security holder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Reflects a decrease of .575 shares resulting from the cash-out of fractional shares.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.