SEC Form 4 · accession 0001380905-17-000001
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
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:29 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 | Feb 28, 2017 | A | 513 | — | A | 6,428 | 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 | — | Feb 28, 2017 | M | 513 | D | — | — | Common Stock | 513 | 87 | D |
| Restricted UnitsF2,F1,F3 | — | Feb 28, 2017 | F | 87 | D | — | — | Common Stock | 87 | 0 | 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.