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

Role
Director
Signature
/s/ Sara Alvarez, Esq., Attorney-in-fact
Issuer symbol
FBP
Transactions as of
30 Oct 2022
Net transactions value
-$4,583
Form type
4
Filing time
01 Nov 2022, 17:09:23 UTC
Previous filing
16 Mar 2022
Next filing
01 Nov 2023
SEC
View on sec.gov

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 $4,583 -293 -2.8% $15.64 10,146 30 Oct 2022 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Award $0 +2,557 +25% $0.000000 12,703 30 Oct 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.