SEC Form 4 · accession 0001209191-18-044180
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis E. Cestero
Officer — Executive Vice President
Period of report
Jul 25, 2018
Accepted (ET)
Jul 27, 2018 · 3:28 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,F2,F3 | Jul 25, 2018 | S | 4,008 | $50.15 | D | 12,986 | D | |
| Common Stock Par Value $0.01 per shareF4 | holding | — | — | — | 518 | I | by wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This price is a weighted average price. These shares were sold in multiple transactions ranging from $50.14 to $50.17, inclusive. The reporting person undertakes to provide the Corporation, any security holder of the Corporation, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Includes 85.477 shares acquired since Mr. Cestero's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
- F3Includes 3.879 shares acquired under Popular Inc. Puerto Rico Savings and Investment Plan in exempt transactions pursuant to Rule 16 of the Securities Exchange Act.
- F4Includes 2.512 shares acquired pursuant to reinvestment of dividends paid by the Corporation and which are exempt under Section 16 of the Securities Exchange Act.