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FIRST BANCORP /PR/ Director's Dealing 2015

Oct 1, 2015

31248_dirs_2015-10-01_662fe9ef-7476-484f-8a1d-bfe4831d7b04.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2015-04-24

Reporting Person: HERENCIA ROBERTO R (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-24 First BanCorp Common Stock F 375 $6.32 Disposed 485759 Direct
2015-08-25 First BanCorp Common Stock F 286 $3.45 Disposed 485473 Direct
2015-09-30 First BanCorp Common Stock F 6039 $3.56 Disposed 479434 Direct
2015-09-30 First BanCorp Common Stock A 140449 $3.56 Acquired 619883 Direct

Footnotes

F1: Shares withheld to cover taxes related to restricted stock that vested on April 24, 2015 pursuant to the terms of the restricted stock award made on April 24, 2014.

F2: Shares withheld to cover taxes related to restricted stock that vested on August 28, 2015 pursuant to the terms of the restricted stock award made on August 28, 2014.

F3: Shares withheld to cover taxes related to restricted stock that vested on September 30, 2015 pursuant to the terms of the restricted stock award made on Sepember 30, 2014.

F4: Includes 140,449 shares of restricted stock issued on September 30, 2015 pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended, which vest on September 30, 2016.