SEC Form 4 · accession 0001209191-15-078148
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maria Luisa Ferre
Director
Period of report
Oct 30, 2015
Accepted (ET)
Nov 3, 2015 · 5:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000763901
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $0.01 per shareF1,F2 | Oct 30, 2015 | S | 2,500 | $30.00 | D | 305,607 | I | FRG, Inc. |
| Common Stock Par Value $0.01 per shareF3,F2 | Nov 2, 2015 | S | 305,607 | $29.73 | D | 0 | I | FRG, Inc. |
| 8.25% Non-Cumulative Monthly Income Preferred Stock Series B | holding | — | — | — | 4,175 | I | by husband | |
| Common Stock Par Value $0.01 per share | holding | — | — | — | 27,173 | D | ||
| Common Stock Par Value $0.01 per shareF1,F4 | holding | — | — | — | 296,164 | I | GFR MEDIA, LLC | |
| Common Stock Par Value $0.01 per shareF1,F5 | holding | — | — | — | 43,739 | I | The Luis A. Ferre Foundation, Inc. | |
| Common Stock Par Value $0.01 per shareF6 | holding | — | — | — | 297 | I | Ranfe, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The amount of outstanding shares owned has been reduced by one share to reflect the correct number of shares held.
- F2FRG, Inc. is 100% owned by the Ferre Rangel Family. Ms. Ferre is shareholder, CEO, President & Director of FRG, Inc.
- F3This price is a weighted average price. These shares were sold on multiple transactions ranging from $29.55 to $30.06 inclusive. The reporting person undertakes to provide to the Corporation, any security holder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4GFR Media, LLC (formerly El Dia Inc) is 100% owned by FRG, Inc.
- F5Ms. Ferre is the President and a Trustee of The Luis A. Ferre Foundation, Inc.
- F6Ranfe Inc. is 100% owned by the Ferre Rangel siblings.