Octopus mimus is the main octopus targeted by the small-scale fishery in the Eastern Pacific. Commercial catches of octopus from the Reserva de Producción Faunística Marino-Costera Puntilla de Santa Elena (REMACOPSE) Marine Protected Area in Ecuador were sampled from July to December 2013 in order to describe the reproduction and population structure of this octopus. The 4171 sampled octopuses ranged from 56 to 250 mm in mantle length (ML) and 45 to 3178 g in body weight (BW). Mean octopus weight did not change monthly. Males were mostly mature while the majority of females were immature. Presence of some mature and a few spent females in all months sampled suggests that the population shows an extended spawning period. No spawning peak could be properly defined. Sex ratios did not significantly shift from the expected 1:1 in most samples. Females mature at a larger size (1234 g, BW; 165 mm, ML) than males (487 g BW; 114 mm ML). We recommend considering a minimum legal size of 1200 g BW. A year-long sampling programme for O. mimus should also be completed in order to detect any spawning peak.