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FIRST BANCORP /PR/ — Director's Dealing 2015
Feb 10, 2015
31248_dirs_2015-02-10_40fbcb63-ca00-49aa-9abd-4778cdd0f620.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: 2015-01-07
Reporting Person: ALEMAN AURELIO (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-07 | First BanCorp Common Stock | A | 4062 | $5.68 | Acquired | 540431 | Direct |
| 2015-01-07 | First BanCorp Common Stock | F | 1638 | $5.68 | Disposed | 538793 | Direct |
Footnotes
F1: Amended the amount of shares disposed to cover tax withholdings to correct an error in the amounts reported on a Form 4 filed on January 9, 2015 with respect to salary stock 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 January 7, 2015. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.68 (the closing price of the Issuer's common stock as quoted on the NYSE on January 7, 2015, the last trading day of the pay period). The shares reported as disposed of were withheld for tax purposes.