Maria Luisa Ferre - Jan 3, 2023 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role: Director
Signature: Marie Reyes-Rodriguez, Attorney-in-fact
Stock symbol: BPOP
Transactions as of: Jan 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/5/2023, 10:16 AM
Previous filing: Oct 5, 2022
Next filing: Apr 5, 2023

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						35.9K	Jan 3, 2023	Direct	F1
holding	BPOP	Common Stock Par Value $0.01 per share						13.5K	Jan 3, 2023	The Luis A. Ferre Foundation, Inc.	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
transaction	BPOP	Restricted Stock Units	Award	$0	+82	+0.86%	$0.00	9.59K	Jan 3, 2023	Common Stock Par Value $0.01 per share	82		Direct	F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	Includes 270.742 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	Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
F3	Restricted stock units convert into common stock on a one-for-one basis.
F4	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.
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.