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FIRST BANCORP /PR/ Director's Dealing 2014

Aug 8, 2014

31248_dirs_2014-08-08_360e5291-eb71-430a-ba5b-2ee846c718c9.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2014-07-22

Reporting Person: Berges Gonzalez Orlando (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-07-22 First BanCorp Common Stock A 1459 $5.27 Acquired 243507 Direct
2014-07-22 First BanCorp Common Stock F 516 $5.27 Disposed 242991 Direct

Footnotes

F1: Amended the amount of shares issued and the amount of shares disposed to cover tax withholding obligations to correct clerical errors in the amounts reported on a Form 4 filed on July 24, 2014 with respect to salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp 2008 Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.27 (the closing price of the Issuer's common stock as quoted on the NYSE on July 22, 2014, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.