MANUEL CHINEA - 27 Feb 2023 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
27 Feb 2023
Net transactions value
-$228,706
Form type
4
Filing time
01 Mar 2023, 15:27:07 UTC
Previous filing
24 Jan 2023
Next filing
25 Jan 2024
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 +3,401 +12% $0.000000 31,653 27 Feb 2023 Direct F1, F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $98,109 -1,371 -4.3% $71.56 30,282 27 Feb 2023 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $0 +4,449 +15% $0.000000 34,731 27 Feb 2023 Direct
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $130,597 -1,825 -5.3% $71.56 32,906 27 Feb 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 3,126 27 Feb 2023 Common Stock Par Value $0.01 per share 3,126 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.