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FIRST BANCORP /PR/ — Director's Dealing 2024
Mar 26, 2024
31248_dirs_2024-03-25_46f75f19-8d34-4b91-9abf-f4b98396e340.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: 2024-03-21
Reporting Person: Ortiz Said (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-21 | First BanCorp Common Stock, par value $0.10 per share. | A | 9891 | $17.35 | Acquired | 36524.831 | Direct |
| 2024-03-24 | First BanCorp Common Stock, par value $0.10 per share. | F | 628 | $16.86 | Disposed | 35896.831 | 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 21, 2026 and the remaining 50% vesting on year three or March 21, 2027.
F2: Shares withheld to cover taxes related to the restricted stock that vested on March 24, 2024 pursuant to the terms of the long-term incentive award made on March 24, 2022.
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