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FIRST BANCORP /PR/ Director's Dealing 2014

Dec 1, 2014

31248_dirs_2014-12-01_e054a49b-beed-423a-b967-92ad5b295e89.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: 2014-11-26

Reporting Person: RIVERA NAYDA (EVP and CRO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-11-26 First BanCorp Common Stock A 1120 $5.15 Acquired 168673 Direct
2014-11-26 First BanCorp Common Stock F 322 $5.15 Disposed 168351 Direct

Holdings (Non-Derivative)

Security Shares Ownership
First BanCorp Common Stock 909.9854 Indirect

Footnotes

F1: Amended the amount of shares issued and the amount of shares disposed to cover tax withholdings to correct an error in the amounts reported on a Form 4 filed on November 28, 2014 with respect salary stock issued bi-weekly as to as it relates to date in which the salary stock was issued 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, which was November 26, 2014. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.15 (the closing price of the Issuer's common stock as quoted on the NYSE on November 26, 2014, the last trading day of the pay period). The shares reported as disposed of were withheld for tax purposes.

F2: Includes 1045 shares purchased through the Employee Purchase Plan.

F3: Shares acquired through the 401K Plan Trust