Patricia Eaves - 31 Mar 2024 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Director
Signature
/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact
Issuer symbol
FBP
Transactions as of
31 Mar 2024
Net transactions value
+$33,835
Form type
4
Filing time
02 Apr 2024, 17:11:55 UTC
Previous filing
04 Apr 2023
Next filing
01 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBP First BanCorp Common Stock, par value $0.10 per share. Tax liability $6,157 -351 -2.2% $17.54 15,850 31 Mar 2024 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share. Award $39,991 +2,280 +14% $17.54 18,130 31 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover taxes related to restricted stock that vested on March 31, 2024 pursuant to the terms of the restricted stock award made on March 31, 2023.
F2 Represents shares of restricted stock issued on March 31, 2024 pursuant to the First BanCorp Omnibus Incentive Plan, as amended, which vest solely on the basis of the passage of time over a one-year period on March 31, 2025.