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FIRST BANCORP /PR/ Director's Dealing 2016

Mar 18, 2016

31248_dirs_2016-03-18_73efef1c-65d3-46b8-8933-f080d3f1cd0e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Romero Pedro (SVP and CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-03-16 First BanCorp Common Stock A 50000 $2.85 Acquired 111042 Direct

Footnotes

F1: 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.