FIRST BANCORP /PR/ — Director's Dealing 2015

Mar 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2015-03-20

Reporting Person: McDonald Michael (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-20	First BanCorp Common Stock	A	23584	$6.36	Acquired	115488	Direct

Footnotes

F1: Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest as follow: fifty percent (50%) of the shares will vest on the second anniversary date of the grant and the remaining fifty percent (50%) will vest on the third anniversary date of the grant. Notwithstanding vesting, the reporting person will be restricted from transferring the shares
pursuant to additional TARP related restrictions.