FIRST BANCORP /PR/ — Director's Dealing 2017

Mar 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2017-03-21

Reporting Person: Odell Lawrence (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-21	First BanCorp Common Stock	A	55452	$5.41	Acquired	444607	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
First BanCorp Common Stock	1333	Indirect

Footnotes

F1: Issued pursuant to the First BanCorp 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 21, 2019. Notwithstanding vesting, the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions.

F2: 1,333 shares were acquired for the benefit of the reporting person's children.