(FBP)

Role: President and CEO, Director
Signature: /s/ Adolfo Sepulveda, Esq. as attorney-in-fact
Stock symbol: FBP
Transactions as of: Nov 8, 2022
Transactions value $: -$611,446
Form type: 4
Date filed: 11/10/2022, 03:07 PM
Previous filing: Jul 29, 2022
Next filing: Feb 8, 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	-$540K	-35.2K	-3.18%	$15.31	1.07M	Nov 8, 2022	Direct	F1
transaction	FBP	First BanCorp Common Stock, par value $0.10 per share	Sale	-$71.9K	-4.75K	-0.44%	$15.13	1.07M	Nov 9, 2022	Direct	F2

* 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 November 8, 2022 at prices ranging from $15.23 to $15.4101. 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 November 9, 2022 at prices ranging from $15.1301 to $15.1350. 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).

Content

This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on November 8, 2022 at prices ranging from $15.23 to $15.4101. 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).

This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on November 9, 2022 at prices ranging from $15.1301 to $15.1350. 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).