Carlos Unanue - Apr 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
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 01:31 PM
Previous filing
Jan 5, 2023
Next filing
May 15, 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 55.5K Apr 3, 2023 Direct F1
holding BPOP Common Stock Par Value $0.01 per share 75.7K Apr 3, 2023 By mother 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 +149 +0.97% $0.00 15.5K Apr 3, 2023 Common Stock Par Value $0.01 per share 149 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 381.931 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 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
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 in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.