ORTIZ CESAR A (Managing Director Corp Perform) exercised options at OFG BANCORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

ORTIZ CESAR A

Filed: 2/28/2024ACC: 0001562180-24-001919

InsiderORTIZ CESAR ACIK 1380905

→

IssuerOFG BANCORPCIK 1030469

Officer· Managing Director Corp Perform

Since Dec 2020

-1.14K

Net shares

Net seller

$40.4K

Total sold

Open market trades

0B · 0S

Total transactions

2.40K acquired · 3.54K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.17K

Price / share

—

Trade value

—

% of position

45.5%

2/26/2024

2.56K→3.73K

Common Stock

Direct

M · Option Exercise

+483.00

Price / share

—

Trade value

—

% of position

12.9%

2/26/2024

3.73K→4.21K

Common Stock

Direct

M · Option Exercise

+750.00

Price / share

—

Trade value

—

% of position

17.8%

2/26/2024

4.21K→4.96K

Common Stock

Direct

F · Tax Withholding

−551.00

Price / share

$35.55

Trade value

$19.59K

% of position

11.1%

2/26/2024

4.96K→4.41K

Common Stock

Direct

F · Tax Withholding

−229.00

Price / share

$35.48

Trade value

$8.12K

% of position

5.2%

2/26/2024

4.41K→4.18K

Common Stock

Direct

F · Tax Withholding

−356.00

Price / share

$35.71

Trade value

$12.71K

% of position

8.5%

2/26/2024

4.18K→3.83K

Total

Net shares

+1.26K

Net value

-$40.43K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/26/2024	M · Option Exercise	+1.17K	—	—	45.5%	2.56K	3.73K
Common Stock Direct	2/26/2024	M · Option Exercise	+483.00	—	—	12.9%	3.73K	4.21K
Common Stock Direct	2/26/2024	M · Option Exercise	+750.00	—	—	17.8%	4.21K	4.96K
Common Stock Direct	2/26/2024	F · Tax Withholding	−551.00	$35.55	$19.59K	11.1%	4.96K	4.41K
Common Stock Direct	2/26/2024	F · Tax Withholding	−229.00	$35.48	$8.12K	5.2%	4.41K	4.18K
Common Stock Direct	2/26/2024	F · Tax Withholding	−356.00	$35.71	$12.71K	8.5%	4.18K	3.83K
Total			+1.26K		-$40.43K

Derivative Transactions3

Restricted Units

Direct

M · Option Exercise

Converts to

Common Stock

1.17K shares

−1.17K

Strike price

Held after

3.22K

Exercisable

—

2/26/2024

Restricted Units

Direct

M · Option Exercise

Converts to

Common Stock

483.00 shares

−483.00

Strike price

Held after

2.73K

Exercisable

—

2/26/2024

Restricted Units

Direct

M · Option Exercise

Converts to

Common Stock

750.00 shares

−750.00

Strike price

Held after

1.98K

Exercisable

—

2/26/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Units Direct	Common Stock1.17K shares	2/26/2024	M · Option Exercise	−1.17K	—	3.22K
Restricted Units Direct	Common Stock483.00 shares	2/26/2024	M · Option Exercise	−483.00	—	2.73K
Restricted Units Direct	Common Stock750.00 shares	2/26/2024	M · Option Exercise	−750.00	—	1.98K