Manuel Chinea - Feb 27, 2023 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
Executive Vice President
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Stock symbol
BPOP
Transactions as of
Feb 27, 2023
Transactions value $
-$228,706
Form type
4
Date filed
3/1/2023, 03:27 PM
Previous filing
Jan 24, 2023
Next filing
Jan 25, 2024

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 +3.4K +12.04% $0.00 31.7K Feb 27, 2023 Direct F1, F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability -$98.1K -1.37K -4.33% $71.56 30.3K Feb 27, 2023 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $0 +4.45K +14.69% $0.00 34.7K Feb 27, 2023 Direct
transaction BPOP Common Stock Par Value $0.01 per share Tax liability -$131K -1.83K -5.25% $71.56 32.9K Feb 27, 2023 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 3.13K Feb 27, 2023 Common Stock Par Value $0.01 per share 3.13K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2024, 2025, 2026, 2027.
F2 Includes 224.396 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.
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.