0001209191-15-038203.txt : 20150501 0001209191-15-038203.hdr.sgml : 20150501 20150501200134 ACCESSION NUMBER: 0001209191-15-038203 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150429 FILED AS OF DATE: 20150501 DATE AS OF CHANGE: 20150501 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: POPULAR INC CENTRAL INDEX KEY: 0000763901 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 660667416 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 209 MUNOZ RIVERA AVE STREET 2: POPULAR CENTER BUILDING CITY: HATO REY STATE: PR ZIP: 00918 BUSINESS PHONE: 7877659800 MAIL ADDRESS: STREET 1: P.O. BOX 362708 CITY: SAN JUAN STATE: PR ZIP: 00936-2708 FORMER COMPANY: FORMER CONFORMED NAME: BANPONCE CORP DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ALVAREZ IGNACIO CENTRAL INDEX KEY: 0001495232 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34084 FILM NUMBER: 15826064 MAIL ADDRESS: STREET 1: P O BOX 362708 CITY: SAN JUAN STATE: PR ZIP: 00936-2708 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-04-29 0 0000763901 POPULAR INC BPOP 0001495232 ALVAREZ IGNACIO P O BOX 362708 SAN JUAN PR 00936-2708 PUERTO RICO 0 1 0 0 PRESIDENT & COO Common Stock Par Value $0.01 per share 2015-04-29 2015-04-29 4 A 0 16070 0.00 A 67141 D Award of restricted stock pursuant to Popular, Inc.'s 2004 Omnibus Incentive Plan. The dollar value of the award was approved on February 27, 2015. The number of shares subject to the award was determined based on the closing price of Popular, Inc.'s common stock on April 29, 2015. Eighty percent (80%) of the award vests in equal annual installments on each of the first four (4) anniversaries of the approval date, and twenty percent (20%) of the award vests upon termination of the executive's employment after attaining (x) age 55 with 10 years of service or (y) age 60 with 5 years of service. Includes 13,508 shares that were held by the Reporting Person and his deceased spouse as community property, and to which the Reporting Person has an undivided interest pending liquidation of the conjugal partnership and estate of the deceased spouse. Marie Reyes-Rodriguez, Attorney-in-fact 2015-05-01