SEC Form 4 · accession 0001209191-18-046627
POPULAR, INC. · BPOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maria Luisa Ferre
Director
Period of report
Aug 10, 2018
Accepted (ET)
Aug 14, 2018 · 4:51 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 10, 2018 | S | 297 | $49.89 | D | 0 | I | Ranfe, Inc. |
| Common Stock Par Value $0.01 per shareF2,F3 | Aug 10, 2018 | S | 22,500 | $50.12 | D | 21,239 | I | The Luis A. Foundation, Inc. |
| Common Stock Par Value $0.01 per shareF4 | holding | — | — | — | 37,110 | D | ||
| 8.25% Non-Cumulative Monthly Income Preferred Stock Series B | holding | — | — | — | 4,175 | I | by husband |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Ranfe Inc. is 100% owned by the Ferre Rangel siblings.
- F2This price is a weighted average price. These shares were sold in multiple transactions ranging from $50.00 to $50.31, inclusive. The reporting person undertakes to provide to 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.
- F3Ms. Ferre is the President and a Trustee of The Luis A. Ferre Foundation, Inc.
- F4Includes 169.436 shares acquired since Ms. Ferre's last Form 4, pursuant to reinvestment of dividends paid by the Corporation in transactions exempt from Section 16 of the Securities Exchange Act.