FIRST BANCORP /PR/ — Director's Dealing 2014

Aug 4, 2014

SEC Form 4/A — Form 4/A

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

Reporting Person: PANCHAM CASSAN (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-22	First BanCorp Common Stock	A	1094	$5.27	Acquired	173415	Direct
2014-07-22	First BanCorp Common Stock	F	303	$5.27	Disposed	173112	Direct

Footnotes

F1: Amended the amount of shares issued and the amount of shares disposed to cover tax withholdings 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.

F2: Includes 12,152 shares purchased through the Employee Purchase Plan.