SEC Form 4 · accession 0001209191-18-013738
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Camille Burckhart
Officer — Executive Vice President
Period of report
Jan 27, 2018
Accepted (ET)
Feb 27, 2018 · 10:44 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 | Jan 27, 2018 | F | 306 | $40.40 | D | 14,902 | D | |
| Common Stock Par Value $0.01 per share | Feb 23, 2018 | A | 3,262 | $0.00 | A | 18,164 | D | |
| Common Stock Par Value $0.01 per share | Feb 24, 2018 | F | 130 | $42.93 | D | 18,034 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 64.617 shares acquired since Ms. Burckhart's last Form 5, pursuant to reinvestment of dividends paid by the Corporation and which are exempt from Section 16 of the Securities Exchange Act.
- F2Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. Eighty percent (80%) of the award vests in equal annual installments on each of the first four (4) anniversaries of the grant date, and twenty percent (20%) of the award vests upon termination of the executive's employment after attaining (x) age 55 with 10 years of service or (y) age 60 with 5 years of service.