Jorge Colon - 14 Mar 2023 Form 4 Insider Report for OFG BANCORP (OFG)

Role
Director
Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Colon Jorge
Issuer symbol
OFG
Transactions as of
14 Mar 2023
Net transactions value
$0
Form type
4
Filing time
16 Mar 2023, 16:45:40 UTC
Previous filing
03 Mar 2023
Next filing
23 May 2023
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 +1,990 +2% 103,277 14 Mar 2023 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 -1,990 -34% 3,800 14 Mar 2023 Common Stock 1,990 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 Amended and Restated 2007 Omnibus Performance Incentive Plan. They represent 100% of a grant of Restricted Units ("RUs") of February 18, 2020.
F3 The Restricted Units convert to Common Stock on a one-for-one basis.