<SEC-DOCUMENT>0001279087-12-000006.txt : 20120309
<SEC-HEADER>0001279087-12-000006.hdr.sgml : 20120309
<ACCEPTANCE-DATETIME>20120309112259
ACCESSION NUMBER:		0001279087-12-000006
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120223
FILED AS OF DATE:		20120309
DATE AS OF CHANGE:		20120309

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GONZALEZ JOSE R
		CENTRAL INDEX KEY:			0001279087

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12647
		FILM NUMBER:		12679431

	MAIL ADDRESS:	
		STREET 1:		PO BOX 362589
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00936-2589

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ORIENTAL FINANCIAL GROUP INC
		CENTRAL INDEX KEY:			0001030469
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				660538893
		STATE OF INCORPORATION:			PR
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		MONACILLOS 1000
		STREET 2:		SAN ROBERTO ST
		CITY:			RIO PIEDRAS
		STATE:			PR
		ZIP:			00926
		BUSINESS PHONE:		7877661986

	MAIL ADDRESS:	
		STREET 1:		MONACILLOS 1000
		STREET 2:		SAN ROBERTO ST
		CITY:			RIO PIEDRAS
		STATE:			PR
		ZIP:			00926
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0304</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2012-02-23</periodOfReport>

    <dateOfOriginalSubmission>2012-02-24</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001030469</issuerCik>
        <issuerName>ORIENTAL FINANCIAL GROUP INC</issuerName>
        <issuerTradingSymbol>OFG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001279087</rptOwnerCik>
            <rptOwnerName>GONZALEZ JOSE R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PO BOX 362589</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SAN JUAN</rptOwnerCity>
            <rptOwnerState>PR</rptOwnerState>
            <rptOwnerZipCode>00936-2589</rptOwnerZipCode>
            <rptOwnerStateDescription>PUERTO RICO</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SEVP-Banking &amp; Corporate Dev</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2012-02-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>3700</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3700</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>18700</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Qualified Stock Option</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>11.83</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2012-02-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>25200</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>11.83</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2014-02-23</value>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-02-23</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Commmon Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>25200</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>55200</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Awarded pursuant to the Amended and Restated Oriental Financial Group Inc. 2007 Omnibus Performance Incentive Plan.</footnote>
        <footnote id="F2">Not applicable. The Grantee is expected to receive the underlying shares of common stock at the end of the Restricted Period.</footnote>
        <footnote id="F3">Subject to the provisions of the Plan, the Restricted Period shall lapse in its entirety on the third anniversary of the date of this Award.</footnote>
        <footnote id="F4">See prior footnote.</footnote>
        <footnote id="F5">Not applicable.</footnote>
        <footnote id="F6">Will become excercisable at the rate of 25% per year commencing on the second anniversary of the award date.</footnote>
    </footnotes>

    <remarks>This amendment is filed to clarify that the transactions reported in Table II of Mr. Gonzalez's Form 4 of February 24, 2012, were inadvertenly reported on a second Form 4 filed on the same date.</remarks>

    <ownerSignature>
        <signatureName>/s/ Jose R. Gonzalez</signatureName>
        <signatureDate>2012-03-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
