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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.
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