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FIRST BANCORP /PR/ Director's Dealing 2013

Apr 5, 2013

31248_dirs_2013-04-05_b775d84e-5912-457e-bf38-ad83bcf18873.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2013-04-03

Reporting Person: ALEMAN AURELIO (EVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-04-03 First BanCorp Common Stock, par value $0.10 per share A 111940 $6.03 Acquired 304289 Direct

Footnotes

F1: Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest as follow: fifty percent (50%) of the shares will vest on the second anniversary date of the grant and the remaining fifty percent (50%) will vest on the third anniversary date of the grant. Notwithstanding vesting; the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions.