SEC Form 4 · accession 0001209191-16-147269
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eli Sepulveda
Officer — EVP
Period of report
Oct 27, 2016
Accepted (ET)
Oct 28, 2016 · 3:40 pm EDT
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 27, 2016 | F | 1,417 | $38.96 | D | 43,018 | D | |
| Common Stock Par Value $0.01 per shareF3 | Oct 28, 2016 | S | 3,762 | $36.97 | D | 39,256 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Based on the closing price of the common stock on September 25, 2016, the vesting date.
- F2Includes 79.153 shares acquired since Mr. Sepulveda's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
- F3This price is a weighted average price. These shares were sold in multiple transactions ranging from $36.97 to $36.98, 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.