SEC Form 4 · accession 0001209191-17-013048
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ignacio Alvarez
Officer — PRESIDENT & COO
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 11:50 am 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 | Feb 17, 2017 | W | 3,098 | $0.00 | A | 3,098 | I | By son |
| Common Stock Par Value $0.01 per shareF2,F3 | Feb 17, 2017 | W | 12,403 | $0.00 | D | 81,543 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the acquisition of 3,097.81 shares by the son of the Reporting Person occupying same household upon liquidation of the conjugal partnership and estate of the Reporting Person's deceased spouse, as described in note (2).
- F2These shares (which include 27.161 shares acquired since the Reporting Person's last Form 4, pursuant to reinvestment of dividend paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act)include all shares that had been held by the Reporting Person and his deceased spouse as community property and now are being transferred to his children upon the liquidation the conjugal partnership and estate of the deceased spouse.
- F3Includes 96.887 shares acquired since Mr. Alvarez's last Form 4, pursuant to reinvestment of dividend paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.