FIRST BANCORP /PR/ — Director's Dealing 2019

Mar 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2019-03-21

Reporting Person: Romero Pedro (SVP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-21	First BanCorp Common Stock, par value $0.10 per share.	F	3528	$11.16	Disposed	51684	Direct
2019-03-21	First BanCorp Common Stock, par value $0.10 per share.	A	5000	—	Acquired	56684	Direct

Footnotes

F1: Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2019 pursuant to the terms of the restricted stock award made on March 21, 2017.

F2: Shares of restricted stock 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 three year period, with 50% vesting on year two or March 21, 2021 and the remaining 50% vesting on year three or March 21, 2022.