SEC Form 4 · accession 0001209191-18-014781

POPULAR, INC. · BPOP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Chairman · Director

Period of report

Feb 27, 2018

Accepted (ET)

Mar 1, 2018 · 10:33 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 share^F1	Feb 27, 2018	M	10,429	—	A	382,527	D
Common Stock Par Value $0.01 per share	Feb 27, 2018	F	3,687	$42.84	D	378,840	D
Common Stock Par Value $0.01 per share	Feb 27, 2018	F	3,560	$42.84	D	375,280	D
Common Stock Par Value $0.01 per share	holding	—	—		—	23	I	by son
Common Stock Par Value $0.01 per share^F2	holding	—	—		—	81,955	I	Junior Investment
Common Stock Par Value $0.01 per share^F3	holding	—	—		—	3,408	I	by Spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F4	—	Feb 27, 2018	M	10,429	D	—	—	Common Stock Par Value $0.01 per share	10,429	0	D

F1Restricted Stock Units convert into an equivalent number of shares of Common Stock.
F2Represents Mr. Carrion's indirect ownership in the shares of the Corporation owned by Junior Investment Corporation in which he has approximately 16.99% interest.
F3Shares held by the estate of Mr. Carrion's deceased spouse.
F4On January 26, 2018, 10,429 performance share units granted to the reporting person on February 27, 2015 were converted into restricted stock units upon their performance-based vesting. The restricted stock units remained subject to continued time-based vesting conditions through February 27, 2018.