SEC Form 5 · accession 0001209191-18-010195
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Manuel Chinea
Officer — Executive Vice President
Period of report
Dec 31, 2017
Accepted (ET)
Feb 14, 2018 · 7:57 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 share | Dec 31, 2017 | J | 194 | $0.00 | A | 15,408 | D | |
| Common Stock Par Value $0.01 per share | Dec 31, 2017 | J | 87 | $0.00 | A | 15,495 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F5 | — | Dec 31, 2017 | J | 53 | A | — | — | Common Stock Par Value $0.01 per share | 53 | 2,721 | D |
Explanation of responses
- F1Shares acquired pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.
- F2Acquired under Popular, Inc. USA 401(K) Savings and Investment Plan in exempt transactions pursuant to Rule 16 during calendar year 2017.
- F3Each share of phantom stock is the economic equivalent of one share of the Corporation's common stock.
- F4Shares acquired under the Popular North America Deferral Plan pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.
- F5Shares of phantom stock are payable following the termination of the reporting person's employment with the Corporation. The reporting person may transfer his phantom stock account into an alternative investment account at any time.