Aurelio Aleman - Jul 27, 2022 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
President and CEO, Director
Signature
/s/ Aurelio Aleman
Stock symbol
FBP
Transactions as of
Jul 27, 2022
Transactions value $
-$1,049,415
Form type
4
Date filed
7/29/2022, 05:43 PM
Previous filing
Mar 28, 2022
Next filing
Nov 10, 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 -$600K -40K -3.4% $15.00 1.14M Jul 27, 2022 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Sale -$300K -20K -1.76% $15.00 1.12M Jul 28, 2022 Direct F2
transaction FBP First BanCorp Common Stock, par value $0.10 per share Sale -$149K -10K -0.9% $14.93 1.11M Jul 29, 2022 Direct 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 27, 2022 at prices ranging from $15.00 to $15.015. 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 28, 2022 at prices ranging from $15.00 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 This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on July 29, 2022 at prices ranging from $14.92 to $14.935. 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 (3).