FIRST BANCORP /NC/ — Director's Dealing 2019

May 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /NC/ (FBNC)
CIK: 0000811589
Period of Report: 2019-05-28

Reporting Person: PHILLIPS THOMAS F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-28	Common Stock	X	2250	$14.35	Acquired	84211.5	Direct
2019-05-28	Common Stock	S	2250	$35.58	Disposed	81961.5	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-28	Stock Options (Right to Buy)	$14.35	X	2250	Disposed	2019-06-01	Common Stock (2250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	186	Indirect
Common Stock	1965	Indirect

Footnotes

F1: Represents the average price of shares sold with prices ranging from $35.56 to $35.59 per share.