Sec Form 4 Filing - UNANUE CARLOS @ POPULAR, INC. - 2021-08-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
UNANUE CARLOS
2. Issuer Name and Ticker or Trading Symbol
POPULAR, INC. [ BPOP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
P.O. BOX 601467
3. Date of Earliest Transaction (MM/DD/YY)
08/27/2021
(Street)
SAN JUAN, PR00936-0960
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock Par Value $0.01 per share 08/27/2021 S 6,681 ( 1 ) D $ 77.332 ( 2 ) 0 I Tradewind Foods, Inc.
Common Stock Par Value $0.01 per share 53,532.519 D
Common Stock Par Value $0.01 per share 75,731 I By mother ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 4 ) ( 5 ) ( 5 ) Common Stock Par Value $0.01 per share 0 12,165 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
UNANUE CARLOS
P.O. BOX 601467
SAN JUAN, PR00936-0960
X
Signatures
Marie Reyes-Rodriguez, Attorney-in-fact 08/31/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents 8.33% of the shares of common stock disposed of by Tradewind Foods, Inc. of which the reporting person has an ownership interest of 8.33% and is President and General Manager. Includes (i) 5,331 shares of common stock previously owned by Island Can Corp., which were subsequently transferred to Tradewind Foods, Inc. on June 15, 2015 and (ii) 1,350 shares of common stock owned by Tradewind Foods, Inc., which were acquired prior to February 4, 2010, as reported on the Amended Form 3 filed on the date hereof. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 2 )This price is a weighted average price. These shares were sold in multiple transactions ranging from $77.10 to $77.64, inclusive. The reporting person undertakes to provide to the Corporation, any security holder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
( 3 )Mr. Unanue disclaims beneficial ownership of Popular, Inc.'s shares held by his mother.
( 4 )Restricted stock units convert into common stock on a one-for-one basis.
( 5 )Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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