FIRST BANCORP /PR/ — Director's Dealing 2016

Mar 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2016-03-16

Reporting Person: McDonald Michael (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-16	First BanCorp Common Stock	A	70175	$2.85	Acquired	185663	Direct

Footnotes

F1: Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest as follow: one hundred percent (100%) of the shares will vest on the second anniversary date of the grant. Notwithstanding vesting, the reporting person will be restricted from transferring the shares
pursuant to additional TARP related restrictions.