SEC Form 4 · accession 0001209191-16-147395
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ignacio Alvarez
Officer — PRESIDENT & COO
Period of report
Oct 27, 2016
Accepted (ET)
Oct 31, 2016 · 12:56 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,F3 | Oct 27, 2016 | F | 2,075 | $38.96 | D | 93,822 | 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 169.544 shares acquired since Mr. Alvarez's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
- F3Includes 13,587 shares that were held by the Reporting Person and his deceased spouse as community property, and to which the Reporting Person has an undivided interest pending liquidation of the conjugal partnership and estate of the deceased spouse.