0001209191-21-014586.txt : 20210226
0001209191-21-014586.hdr.sgml : 20210226
20210226133548
ACCESSION NUMBER: 0001209191-21-014586
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210225
FILED AS OF DATE: 20210226
DATE AS OF CHANGE: 20210226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CARRION RICHARD L
CENTRAL INDEX KEY: 0001187725
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34084
FILM NUMBER: 21686865
MAIL ADDRESS:
STREET 1: POPULAR INC & BANCO POPULAR DE
STREET 2: 209 MONZ RIVERA AVE 3RD FL PURERTO RICO
CITY: HATO REY
STATE: PR
ZIP: 00918
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: POPULAR INC
DATE OF NAME CHANGE: 19970428
FORMER COMPANY:
FORMER CONFORMED NAME: BANPONCE CORP
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-02-25
0
0000763901
POPULAR, INC.
BPOP
0001187725
CARRION RICHARD L
PO BOX 362708
SAN JUAN
PR
00936-2708
PUERTO RICO
1
0
0
0
Common Stock Par Value $0.01 per share
2021-02-25
4
A
0
19474
0.00
A
239426
D
Common Stock Par Value $0.01 per share
2021-02-25
4
F
0
6428
67.56
D
232998
D
Common Stock Par Value $0.01 per share
2021-02-25
4
J
0
773
0.00
A
74467
I
Junior Investment
Common Stock Par Value $0.01 per share
214.671
I
by spouse
Restricted Stock Units
Common Stock Par Value $0.01 per share
5600
5600
D
Shares acquired represent common stock earned pursuant to a grant of Performance Shares awarded on February 23, 2018 while the reporting person was the Executive Chairman of the Issuer.
The reporting person's indirect ownership in the shares of Popular, Inc. owned by Junior Investment Corporation (JIC) increased by 773 shares as a result of JIC's redemption of a portion of the shares of JIC held by one of its stockholders. Upon such redemption, for purposes of ascribing indirect ownership in Popular, Inc. shares to the reporting person, the shares of Popular, Inc. held by JIC were reallocated among the shareholders of JIC on a pro rata basis in accordance with each stockholder's resulting ownership percentage in JIC after the redemption, resulting in the aforementioned increase.
Represents Mr. Carrion's indirect ownership in the shares of Popular, Inc. owned by Junior Investment Corporation in which he has approximately 22.0140% interest.
Shares held by the estate of Mr. Carrion's deceased spouse.
Restricted stock units convert into common stock on a one-for-one basis.
Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.
Marie Reyes-Rodriguez, Attorney-in-fact
2021-02-26