(FBP)

Role: EVP and CFO
Signature: /s/Orlando Berges
Stock symbol: FBP
Transactions as of: Aug 10, 2022
Transactions value $: -$781,880
Form type: 4
Date filed: 8/12/2022, 02:47 PM
Previous filing: Mar 28, 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 Common Stock, par value $0.10 per share.	Sale	-$782K	-50K	-14.55%	$15.64	294K	Aug 10, 2022	Direct	F1

* 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 August 10, 2022 at prices ranging from $15.6203 to $15.67. 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).

Content

This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on August 10, 2022 at prices ranging from $15.6203 to $15.67. 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).