Inclan Julian - May 14, 2024 Form 4 Insider Report for OFG BANCORP (OFG)

Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for INCLAN JULIAN
Stock symbol
OFG
Transactions as of
May 14, 2024
Transactions value $
$0
Form type
4
Date filed
5/16/2024, 04:32 PM
Previous filing
May 3, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +1.62K +1.47% 111K May 14, 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 -1.62K -73.59% 581 May 14, 2024 Common Stock 1.62K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Inclan Julian is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 a portion, prorated up to Mr. Inclan's termination date, of a grant of Restricted Units ("RUs") dated February 22, 2022.
F3 The Restricted Units convert to Common Stock on a one-to-one basis.