Maria Luisa Ferre - 31 Aug 2023 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
Director
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
31 Aug 2023
Net transactions value
-$142,431
Form type
4
Filing time
05 Sep 2023, 11:45:26 UTC
Previous filing
06 Jul 2023
Next filing
04 Oct 2023
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 Sale $142,431 -2,095 -5.7% $67.99 34,400 31 Aug 2023 Direct F1, F2
holding BPOP Common Stock Par Value $0.01 per share 13,541 31 Aug 2023 The Luis A. Ferre Foundation, Inc. F3

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 Restricted Stock Units 12,090 31 Aug 2023 Common Stock Par Value $0.01 per share 12,089 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price is a weighted average price. These shares were sold in multiple transactions ranging from $67.98 and $68.01, inclusive. The reporting person undertakes to provide the Corporation, any security holder of the Corporation, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote.
F2 Reflects a decrease of 0.262 shares resulting from the cash-out of a fractional share upon the distribution of securities under the Popular, Inc. Dividend Reinvestment and Stock Purchase Plan in a transaction exempt from Section 16 of the Securities Exchange Act.
F3 Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
F4 Restricted stock units convert into common stock on a one-for-one basis.
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.