Colon Jorge - 11 Mar 2024 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
11 Mar 2024
Net transactions value
$0
Form type
4
Filing time
13 Mar 2024, 16:51:42 UTC
Previous filing
02 Aug 2023
Next filing
21 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +2,300 +2.3% 102,300 11 Mar 2024 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 -2,300 -34% 4,500 11 Mar 2024 Common Stock 2,300 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 17, 2021.
F3 The RUs convert to Common Stock on a one-for-one basis.