X0306 4 2023-01-19 false 0001030469 OFG BANCORP OFG 0001302232 Kumar Ganesh P.O. BOX 195115 SAN JUAN PR 00919-5115 PUERTO RICO false true false false Chief Operating Officer Common Stock 2023-01-19 4 M false 11912.00 14.52 A 163111.00 D Qualified Stock Option 14.52 2023-01-19 4 F false 13588.00 0.00 D 2023-01-22 Common Stock 13588.00 62212.00 D Qualified Stock Options 14.52 2023-01-19 4 M false 11912.00 0.00 D 2023-01-22 Common Stock 11912.00 50300.00 D Represents a "net exercise" of outstanding stock options. The reporting person received 11,912 shares of Common Stock on net exercise of option to purchase 25,500 shares of Common Stock. The Issuer withheld 13,588 shares of Common Stock underlying the option for payment of the exercise price, using the closing stock price on January 18, 2023. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan ("Plan"). Represents a "net exercise" of outstanding stock options. The Issuer withheld 13,588 shares of Common Stock underlying the option, for payment of the exercise price, using the closing stock price of $27.25 on January 18, 2023. The reporting person received 11,912 shares of Common Stock on net exercise of option to purchase 25,500 shares of Common Stock. The executive is exercising a derivative security. The Award became exercisable at the rate of 25% per year commencing on January 22, 2015. /s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Kumar Ganesh 2023-01-23