X0306 4 2022-11-16 false 0001030469 OFG BANCORP OFG 0001254550 FERNANDEZ JOSE RAFAEL PO BOX 195115 SAN JUAN PUERTO RICO PR 00919-5115 PUERTO RICO true true false false CEO & Vice Chairperson BOD Common Stock 2022-11-16 4 M false 36600.00 14.52 A 422561.688 D Common Stock 2022-11-16 4 F false 18647.00 28.50 D 403914.688 D Qualified Stock Options 14.52 2022-11-16 4 M false 36600.00 0.00 D 2023-01-22 Common Stock 36600.00 98600.00 D Represents a "net exercise" of outstanding stock options. The reporting person received 17,953 shares of Common Stock on net exercise of option to purchase 36,600 shares of Common Stock. The Issuer withheld 18,647 shares of Common Stock underlying the option for payment of the exercise price, using the closing stock price on November 15, 2021. In addition, the reporting person indirectly owns 45,152 OFG shares of Common Stock through a Non-Qualified Deferred Compensation Trust. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. These options represented a right to buy the underlying securities. 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 FERNANDEZ JOSE RAFAEL 2022-11-18