SEC Form 4 · accession 0001380905-16-000005
OFG BANCORP · OFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cesar A Ortiz
Officer — SVP & Chief Risk Officer
Period of report
Jan 26, 2016
Accepted (ET)
Jan 28, 2016 · 2:30 pm EST
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 | Jan 26, 2016 | A | 410 | — | A | 5,915 | 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 | — | Jan 26, 2016 | M | 410 | D | — | — | Common Stock | 410 | 790 | D |
| Restricted UnitsF2,F1,F3 | — | Jan 26, 2016 | F | 190 | D | — | — | Common Stock | 190 | 600 | 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.