SEC Form 4 · accession 0001209191-18-027196
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
Apr 29, 2018
Accepted (ET)
May 1, 2018 · 7:08 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 | Apr 29, 2018 | F | 238 | $47.87 | D | 18,919 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F4 | — | Apr 23, 2018 | J | 15 | A | — | — | Common Stock Par Value $0.01 per share | 15 | 2,736 | D |
Explanation of responses
- F1Includes 103.128 shares acquired since Mr. Chinea's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act
- F2Each share of phantom stock is the economic equivalent of one share of the Corporation's common stock.
- F3Shares 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.
- F4Shares 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.