SEC Form 4/A · accession 0001254550-15-000006
OFG BANCORP · OFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Jose Rafael Fernandez
Officer — President & CEO · Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 2:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001030469
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 1, 2015 | M | 5,882 | $8.28 | A | 225,285 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Qualified Stock OptionsF1,F3,F2 | $8.28 | Jun 1, 2015 | M | 5,882 | D | — | Apr 28, 2019 | Common Stock | 5,882 | 422,100 | D |
Explanation of responses
- F1Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. These options represented a right to buy the underlying securities.
- F2This Award is exercisable at the rate of 25% per year commencing on April 28, 2011.
- F3The executive is exercising a derivative security.
Remarks
This form is hereby amended solely to correct item 5 ("Relationship of Reporting Person(s) to Issuer") so that it states that the Reporting Person is a "Director and Officer (President and CEO)" instead of Officer (CFO & EVP). The rest of the information remains as originally filed; no amendment or modification has been made to the rest of the information in the form.