Ganesh Kumar - 29 Jun 2022 Form 4 Insider Report for OFG BANCORP (OFG)

Role
Chief Operating Officer
Signature
/s/ Nilda M. Vazquez-Rodriguez, Attorney-in-Fact
Issuer symbol
OFG
Transactions as of
29 Jun 2022
Net transactions value
$0
Form type
4
Filing time
30 Jun 2022, 20:50:30 UTC
Previous filing
07 Apr 2022
Next filing
12 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +1,700 +1.1% 151,199 29 Jun 2022 Direct F1

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 OFG Restricted Units Options Exercise +1,700 +6.2% 28,951 29 Jun 2022 Common Stock 1,700 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 Awarded pursuant to the OFG Bancorp 2007 Amended and Restated Omnibus Performance Incentive Plan (the "Plan"). They represent 34% of a grant of Restricted Units of June 27, 2019.
F3 The Restricted Units convert to Common Stock on a one-for-one basis.