(FBP)

Role: EVP and CRO
Signature: /s/ Nayda Rivera
Issuer symbol: FBP
Transactions as of: 08 Feb 2022
Net transactions value: -$303,032
Form type: 4
Filing time: 10 Feb 2022, 15:48:57 UTC
Previous filing: 28 Oct 2021
Next filing: 22 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.	Sale	$303,032	-20,000	-6.4%	$15.15	290,605	08 Feb 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on February 8, 2022 at prices ranging from $15.06 to $15.2550. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).
F2	Includes 2,369 shares purchased through the Employee Stock Purchase Plan.

Content

This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on February 8, 2022 at prices ranging from $15.06 to $15.2550. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).

Includes 2,369 shares purchased through the Employee Stock Purchase Plan.