Fernandez Jose Rafael - Jan 23, 2024 Form 4 Insider Report for OFG BANCORP (OFG)

Role
CEO & Vice Chairperson BOD, Director
Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for FERNANDEZ JOSE RAFAEL
Stock symbol
OFG
Transactions as of
Jan 23, 2024
Transactions value $
-$826,644
Form type
4
Date filed
1/25/2024, 04:21 PM
Previous filing
Jan 12, 2024
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +43.3K +11.45% 421K Jan 23, 2024 Direct F1, F2
transaction OFG Common Stock Tax liability -$827K -22.7K -5.38% $36.49 399K Jan 23, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent shares of Common Stock received upon settlement of a performance share unit award on February 17, 2021, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan").
F2 Not applicable.
F3 Represent shares of Common Stock withheld against Performance Share Units for payment of applicable taxes.