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

Role
Executive Vice President
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
22 Feb 2022
Net transactions value
-$309,875
Form type
4
Filing time
24 Feb 2022, 13:57:33 UTC
Previous filing
02 Feb 2022
Next filing
24 Jan 2023
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 +5,404 +23% $0.000000 28,621 22 Feb 2022 Direct F1
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $194,779 -2,178 -7.6% $89.43 26,443 22 Feb 2022 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $0 +2,326 +8.8% $0.000000 28,769 22 Feb 2022 Direct F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $115,096 -1,287 -4.5% $89.43 27,482 22 Feb 2022 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 3,036 22 Feb 2022 Common Stock Par Value $0.01 per share 3,036 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 100.338 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 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.