NAYDA RIVERA - 25 Jul 2022 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Signature
/s/ Nayda Rivera
Issuer symbol
FBP
Transactions as of
25 Jul 2022
Net transactions value
-$448,112
Form type
4
Filing time
27 Jul 2022, 18:38:56 UTC
Previous filing
28 Mar 2022
Next filing
02 Aug 2022

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 $148,112 -10,000 -3.3% $14.81 296,911 25 Jul 2022 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share. Sale $300,000 -20,000 -6.7% $15.00 276,911 27 Jul 2022 Direct F2, F3
* 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 July 25, 2022 at prices ranging from $14.80 to $14.8225. 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 This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on July 27, 2022 at prices ranging from $14.95 to $15.05. 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 (2).
F3 Includes 2,438 shares purchased through the Employee Stock Purchase Plan.