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