Said Ortiz - Mar 24, 2022 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Chief Accounting Officer
Signature
/s/ Said Ortiz
Stock symbol
FBP
Transactions as of
Mar 24, 2022
Transactions value $
$60,003
Form type
4
Date filed
3/28/2022, 06:05 PM
Previous filing
Mar 22, 2022
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBP First BanCorp Comon Stock, par value $0.10 per share Award $60K +4.56K +42.23% $13.15 15.4K Mar 24, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock issued pursuant to the First BanCorp Onmibus 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 24, 2024 and the remaining 50% vesting on year three or March 24, 2025.