MANUEL CHINEA - 11 Aug 2021 Form 4 Insider Report for POPULAR, INC. (BPOP)

Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
11 Aug 2021
Net transactions value
-$605,600
Form type
4
Filing time
12 Aug 2021, 15:20:26 UTC
Next filing
02 Feb 2022

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 $605,600 -8,000 -26% $75.70 23,007 11 Aug 2021 Direct F1, F2

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 2,967 11 Aug 2021 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 Includes 284.827 shares acquired pursuant to reinvestment of dividends paid by the Corporation in transactions exempt under Section 16 of the Securities Exchange Act.
F2 Includes 0.383 share acquired under Popular Inc. Puerto Rico Savings and Investment Plan in exempt transactions pursuant to Rule 16 of the Securities Exchange Act; and 73.30 shares acquired under Popular Inc. USA 401(K) Plan in exempt transactions pursuant to Rule 16 of the Securities Exchange Act.
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.