FIRST BANCORP /PR/ — Director's Dealing 2016

Oct 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2016-09-30

Reporting Person: HERENCIA ROBERTO R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-30	First BanCorp Common Stock	A	96153	$5.20	Acquired	715710	Direct
2016-09-30	First BanCorp Common Stock	F	7580	$5.20	Disposed	708130	Direct

Footnotes

F1: Includes 96,153 shares of restricted stock issued on September 30, 2016 pursuant to the First BanCorp. Omnibus Incentive Plan, as amended, which vest on September 30, 2017.

F2: Shares withheld to cover taxes related to restricted stock that vested on September 30, 2016 pursuant to the terms of the restricted stock award made on September 30, 2015.