Richard L. Carrion - 03 Oct 2022 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role: Director
Signature: Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol: BPOP
Transactions as of: 03 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 05 Oct 2022, 17:43:08 UTC
Previous filing: 06 Jul 2022
Next filing: 05 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BPOP	Common Stock Par Value $0.01 per share						217,968	03 Oct 2022	Direct
holding	BPOP	Common Stock Par Value $0.01 per share						74,467	03 Oct 2022	Junior Investment	F1

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
transaction	BPOP	Restricted Stock Units	Award	$0	+71	+0.78%	$0.000000	9,147	03 Oct 2022	Common Stock Par Value $0.01 per share	71		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	Reflects Restricted Stock Units (RSUs") received by the reporting person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the reporting person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to ordinary shareholders. Dividend equivalents on RSUs are subject to the same terms and conditions as the underlying RSUs.
F4	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.