FIRST BANCORP /PR/ — Director's Dealing 2022

Jul 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /PR/ (FBP)
CIK: 0001057706
Period of Report: 2022-07-25

Reporting Person: RIVERA NAYDA (EVP and CRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-25	First BanCorp Common Stock, par value $0.10 per share.	S	10000	$14.8112	Disposed	296911	Direct
2022-07-27	First BanCorp Common Stock, par value $0.10 per share.	S	20000	$15.00	Disposed	276911	Direct

Footnotes

F1: This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on July 25, 2022 at prices
ranging from $14.80 to $14.8225. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff
of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within
the ranges set forth in footnote (1).

F2: This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on July 27, 2022 at prices ranging from $14.95 to $15.05. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2).

F3: Includes 2,438 shares purchased through the Employee Stock Purchase Plan.