Felix Villamil - Oct 30, 2022 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Director
Signature
/s/ Sara Alvarez, Esq., Attorney-in-fact
Stock symbol
FBP
Transactions as of
Oct 30, 2022
Transactions value $
-$4,583
Form type
4
Date filed
11/1/2022, 05:09 PM
Previous filing
Mar 16, 2022
Next filing
Nov 1, 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 -$4.58K -293 -2.81% $15.64 10.1K Oct 30, 2022 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Award $0 +2.56K +25.2% $0.00 12.7K Oct 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 October 30, 2022 pursuant to the terms of the restricted stock award made on October 30, 2021.
F2 Represents shares of restricted stock issued on October 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 October 30, 2023.