FIRST BANCORP /PR/ — Director's Dealing 2011

Dec 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2011-12-16

Reporting Person: Thomas H. Lee Advisors (Alternative) VI, Ltd. (10% Owner)
Reporting Person: THL FBC Equity Investors, L.P. (10% Owner)
Reporting Person: Thomas H. Lee (Alternative) Fund VI, L.P. (10% Owner)
Reporting Person: Thomas H. Lee (Alternative) Parallel Fund VI, L.P. (10% Owner)
Reporting Person: Thomas H. Lee (Alternative) Parallel (DT) Fund VI, L.P. (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-16	Share Purchase Rights (right to buy)	$3.5	J	544999	Acquired	2011-12-30	Common Stock (544999)	Indirect

Footnotes

F1: See Exhibit 99.1 for text of footnote (1).

F2: See Exhibit 99.1 for text of footnote (2)

F3: See Exhibit 99.1 for text of footnote (3)

F4: See Exhibit 99.1 for text of footnote (4)