SEC Form 4 · accession 0001450938-17-000003
OFG BANCORP · OFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlos Souffront
Officer — General Counsel & Secretary
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 8:59 am 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 | Mar 7, 2017 | A | 12,300 | — | A | 40,255 | 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 | — | Mar 7, 2017 | M | 12,300 | D | — | — | Common Stock | 12,300 | 13,600 | D |
Explanation of responses
- F1Not applicable.
- F2Awarded pursuant to the OFG Bancorp Amended and Restated Omnibus Performance Incentive Plan.
- F3The Restricted Units convert to Common Stock on a one-for-one basis.