Perez Edwin - Mar 16, 2023 Form 4 Insider Report for OFG BANCORP (OFG)

Role
Director
Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for PEREZ EDWIN
Stock symbol
OFG
Transactions as of
Mar 16, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 04:19 PM
Previous filing
Feb 23, 2023
Next filing
Apr 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +1.99K +5.69% 37K Mar 16, 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 -1.99K -17.63% 9.3K Mar 16, 2023 Common Stock 1.99K 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.