SEC Form 4 · accession 0001302232-18-000003
OFG BANCORP · OFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ganesh Kumar
Officer — SEVP & COO
Period of report
Apr 2, 2018
Accepted (ET)
Apr 3, 2018 · 11:18 am 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 StockF1 | Apr 2, 2018 | A | 776 | — | A | 34,077 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted UnitsF2,F1,F3 | — | Apr 2, 2018 | M | 776 | D | — | — | Common Stock | 776 | 25,424 | D |
| Restricted UnitsF2,F1,F3 | — | Apr 2, 2018 | F | 424 | D | — | — | Common Stock | 424 | 25,000 | D |
Explanation of responses
- F1Not applicable.
- F2Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.
- F3The Restricted Units convert to common stock on a one-for one basis.