John A. Heffern - Sep 30, 2022 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Director
Signature
/s/Adolfo Sepulveda, Esq., Attorney-in-fact
Stock symbol
FBP
Transactions as of
Sep 30, 2022
Transactions value $
-$1,259
Form type
4
Date filed
10/4/2022, 06:54 PM
Previous filing
Feb 24, 2022
Next filing
Mar 15, 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 Tax liability -$1.26K -92 -0.12% $13.68 79K Sep 30, 2022 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Award $0 +2.92K +3.7% $0.00 81.9K Sep 30, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover taxes related to restricted stock that vested on September 30, 2022 pursuant to the terms of the restricted stock award made on September 30, 2021.
F2 Represents shares of restricted stock issued on September 30, 2022 pursuant to the First BanCorp Omnibus Incentive Plan, as amended, which vest solely on the basis of the passage of time over a one-year period on September 30, 2023.