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FIRST BANCORP /PR/ Director's Dealing 2023

Mar 21, 2023

31248_dirs_2023-03-20_36353154-f85b-411b-a62e-0d12afa7ed93.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: 2023-03-16

Reporting Person: Ortiz Said (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-16 First BanCorp Comon Stock, par value $0.10 per share A 12583 $11.99 Acquired 27951.831 Direct
2023-03-18 First BanCorp Comon Stock, par value $0.10 per share F 1009 $11.15 Disposed 26942.831 Direct

Footnotes

F1: 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 16, 2025 and the remaining 50% vesting on year three or March 16, 2026.

F2: Shares withheld to cover taxes related to a restricted stock that vested on March 18, 2023 pursuant to the terms of the restricted stock award made on March 18, 2020.