Felix Villamil - 30 Oct 2021 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Director
Signature
/s/ Felix Villamil
Issuer symbol
FBP
Transactions as of
30 Oct 2021
Net transactions value
+$31,572
Form type
4
Filing time
02 Nov 2021, 17:02:42 UTC
Next filing
16 Mar 2022
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 $8,422 -617 -10% $13.65 5,546 30 Oct 2021 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Award $39,994 +2,930 +53% $13.65 8,476 30 Oct 2021 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 October 30, 2021 pursuant to the terms of the restricted stock award made on October 30, 2020.
F2 Includes 2,930 shares of restricted stock issued on October 30, 2021 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 October 30, 2022.