FIRST BANCORP /PR/ — Director's Dealing 2015

Sep 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Gormley Robert (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-24	First BanCorp Common Stock	F	314	$6.32	Disposed	54488	Direct
2015-08-28	First BanCorp Common Stock	F	234	$3.45	Disposed	54254	Direct
2015-09-24	First BanCorp Common Stock	A	7002	$3.57	Acquired	61256	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: Includes 7,002 shares of restricted stock issued on September 24, 2015 pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended,which vest on September 24, 2016.