FIRST BANCORP /PR/ — Director's Dealing 2011

Nov 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2011-10-31

Reporting Person: Rodriguez Perello Jose F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-31	Common Stock	P	600	$3.3	Acquired	22204	Direct
2011-11-01	Common Stock	P	10000	$3.725	Acquired	32204	Direct

Footnotes

F1: Includes shares of restricted stock grants: 89 vests on December 1, 2009, 89 vests on December 1, 2010, and 90 on December 1, 2011.

F2: This amount represents the weighted average purchase price for the transactions reported on this line, which prices range from $3.70 to $3.75. Upon written request by SEC staff, issuer, or any security holder of the issuer, full information regarding the number of shares purchased at each separate price may be provided.