SEC Form 4 · accession 0001209191-18-045645
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alejandro M Ballester
Director
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 2:04 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 | Aug 3, 2018 | S | 2,000 | $50.30 | D | 22,659 | D | |
| Common Stock Par Value $0.01 per shareF2,F3 | Aug 3, 2018 | S | 536 | $50.47 | D | 0 | I | by daughter |
| Common Stock Par Value $0.01 per shareF4 | holding | — | — | — | 492 | I | by daughter | |
| Common Stock Par Value $0.01 per shareF5 | holding | — | — | — | 300 | I | by son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 99.439 shares acquired since Mr. Ballester's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
- F2Included 2.598 shares acquired since Mr. Ballester's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
- F3This price is a weighted average price. These shares were sold in multiple transactions ranging from $50.45 to $50.48, 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.
- F4Includes 2.387 shares acquired since Mr. Ballester's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.
- F5Includes 1.455 shares acquired since Mr. Ballester's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.