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FIRST BANCORP /PR/ Director's Dealing 2022

Jul 29, 2022

31248_dirs_2022-07-29_0d851e2b-1605-4df7-b6a7-c9cff9f679fa.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: 2022-07-27

Reporting Person: ALEMAN AURELIO (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-07-27 First BanCorp Common Stock, par value $0.10 per share S 40000 $15.0022 Disposed 1137159 Direct
2022-07-28 First BanCorp Common Stock, par value $0.10 per share S 20000 $15.0018 Disposed 1117159 Direct
2022-07-29 First BanCorp Common Stock, par value $0.10 per share S 10000 $14.9291 Disposed 1107159 Direct

Footnotes

F1: 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 $15.00 to $15.015. 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 28, 2022 at prices ranging from $15.00 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: This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on July 29, 2022 at prices ranging from $14.92 to $14.935. 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 (3).