FIRST BANCORP /PR/ — Director's Dealing 2014

Dec 1, 2014

SEC Form 4/A — Form 4/A

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2014-11-26

Reporting Person: PANCHAM CASSAN (EVP)

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	157651	Direct
2014-11-26	First BanCorp Common Stock	F	310	$5.15	Disposed	157341	Direct

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 874 shares purchased through the Employee Purchase Plan.