Rodriguez Mari Evelyn - Jul 26, 2023 Form 3 Insider Report for OFG BANCORP (OFG)

Role: Chief Retail Banking Officer
Signature: /s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Rodriguez Mari Evelyn
Stock symbol: OFG
Transactions as of: Jul 26, 2023
Transactions value $: $0
Form type: 3
Date filed: 8/23/2023, 04:36 PM
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OFG	Common Stock						356	Jul 26, 2023	by Defined Contribution Plan (401K)

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	OFG	Restricted Units							Jul 26, 2023	Common Stock	10.5K		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of May 1, 2023.
F2	Not applicable. The reporting person is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
F3	Subject to the provisions of the Plan, the Restricted Period shall lapse in three annual installments as follows: 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the date of the Award.