Richard L. Carrion - Oct 26, 2021 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
Director
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Stock symbol
BPOP
Transactions as of
Oct 26, 2021
Transactions value $
-$2,150,802
Form type
4
Date filed
10/26/2021, 06:17 PM
Previous filing
Oct 5, 2021
Next filing
Jan 5, 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 -$2.15M -25.3K -10.85% $85.06 208K Oct 26, 2021 Direct F1
holding BPOP Common Stock Par Value $0.01 per share 74.5K Oct 26, 2021 Junior Investment F2
holding BPOP Common Stock Par Value $0.01 per share 218 Oct 26, 2021 by spouse F3

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 7.3K Oct 26, 2021 Common Stock Par Value $0.01 per share 0 Direct F4, F5
* 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 $84.95 to $85.13, 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 Represents Mr. Carrion's indirect ownership in the shares of Popular, Inc. owned by Junior Investment Corporation in which he has approximately 22.0140% interest.
F3 Shares held by the estate of Mr. Carrion's deceased spouse.
F4 Restricted stock units convert into common stock on a one-for-one basis.
F5 Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.