Accession Number: | 0001613664-21-000001 |
Date: | 2021-03-09 |
Issuer: | OFG BANCORP (OFG) |
Original Submission Date: |
ARIZMENDI MARITZA
PO BOX 195115
SAN JUAN, PR 00919-5115
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-03-09 | A | 13,419 | a | $0.00 | 27,838 | direct | ||
COMMON STOCK | 2021-03-10 | F | 3,781 | d | $21.55 | 24,057 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED UNITS | 0.0 | 2021-03-09 | deemed execution date | M | 13,419 (d) | common stock 13,419 | $0.00 | 6,462 | direct |
ID | footnote |
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f1 | not applicable. |
f2 | represents shares of common stock withheld for payment of applicable taxes on lapse of restricted units award. |
f3 | awarded pursuant to the ofg bancorp amended and restated 2007 omnibus performance incentive plan. they represent 33% of a grant of restricted units ("rus") of february 20, 2019 and 100% of a grant of rus on february 27, 2018. |
f4 | the restricted units convert to common stock on a one-for-one basis. |