FIRST BANCORP /PR/ — Director's Dealing 2016

Mar 18, 2016

SEC Form 4/A — Form 4/A

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2015-04-22

Reporting Person: Kafka Donald (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-22	First BanCorp Common Stock	F	14092	$6.54	Disposed	25908	Direct
2016-03-16	First BanCorp Common Stock	A	105263	$2.85	Acquired	131171	Direct

Footnotes

F1: Shares withheld to cover taxes related to restricted stock that vested on April 22, 2015 pursuant to the terms of the restricted stock award made on January 22, 2015.

F2: To report witholdings of shares to cover tax witholdings requirements related to restricted stock that vested on April 22, 2015 pursuant to the terms of the restricted stock award made on January 22, 2015 and to correct amount of securities beneficially owned following the reported transactions.

F3: Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares shall fully vest solely on the basis of the passage of time over a two-year period on March 16, 2018. Notwithstanding vesting, the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions.