IGNACIO ALVAREZ - 22 Feb 2022 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
CEO & PRESIDENT, Director
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
22 Feb 2022
Net transactions value
-$1,090,420
Form type
4
Filing time
24 Feb 2022, 12:59:54 UTC
Previous filing
01 Feb 2022
Next filing
25 Feb 2022
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 $0 +33,016 +19% $0.000000 204,108 22 Feb 2022 Direct F1
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $1,043,827 -11,672 -5.7% $89.43 192,436 22 Feb 2022 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $0 +16,606 +8.6% $0.000000 209,042 22 Feb 2022 Direct F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $46,593 -521 -0.25% $89.43 208,521 22 Feb 2022 Direct
holding BPOP Common Stock Par Value $0.01 per share 7,643 22 Feb 2022 by son F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 401.733 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.
F2 Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2023, 2024, 2025 and 2026.
F3 Includes 37.509 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transaction exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
F4 Mr. Alvarez disclaims beneficial ownership of Popular Inc.'s shares held by his son and has no investment authority over those shares.