Kumar Ganesh - 24 Jul 2023 Form 4/A - Amendment Insider Report for OFG BANCORP (OFG)

Role: Chief Strategy Officer, US
Signature: /s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Kumar Ganesh
Issuer symbol: OFG
Transactions as of: 24 Jul 2023
Net transactions value: -$1,207,084
Form type: 4/A - Amendment
Filing time: 05 Dec 2023, 16:12:03 UTC
Date Of Original Report: 26 Jul 2023
Previous filing: 21 Mar 2023
Next filing: 03 Aug 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	Sale	$1,207,059	-35,638	-21%	$33.87	131,929	24 Jul 2023	Direct	F1
transaction	OFG	Common Stock	Options Exercise	$404,608	+23,200	+18%	$17.44	155,129	25 Jul 2023	Direct	F2
transaction	OFG	Common Stock	Options Exercise	$355,810	+22,100	+14%	$16.10	177,229	25 Jul 2023	Direct	F3
transaction	OFG	Common Stock	Tax liability	$760,443	-22,485	-13%	$33.82	154,744	25 Jul 2023	Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	This Form is amended to correct the Amount of Securities Beneficially Owned Following Reported Transaction(s) at Table I, Column 5, so that it reads 131,929 instead of 119,106.
F2	This Form is amended to correct the Amount of Securities Beneficially Owned Following Reported Transaction(s) at Table I, Column 5, so that it reads 155,129 instead of 142,306.
F3	This Form is amended to correct the Amount of Securities Beneficially Owned Following Reported Transaction(s) at Table I, Column 5, so that it reads 177,229 instead of 164,406.
F4	Represents a "net exercise" of outstanding stock options.
F5	This Form is amended to correct the Amount of Securities Beneficially Owned Following Reported Transaction(s) at Table I, Column 5, so that it reads 154,744 instead of 141,921.