Patricia Eaves - Mar 31, 2023 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
Mar 31, 2023
Transactions value $
$36,510
Form type
4
Date filed
4/4/2023, 06:19 PM
Previous filing
Apr 1, 2022
Next filing
Apr 2, 2024

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 -$3.48K -305 -2.35% $11.42 12.7K Mar 31, 2023 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Award $40K +3.5K +27.58% $11.42 16.2K Mar 31, 2023 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 a restricted stock that vested on March 31, 2023 pursuant to the terms of the restricted stock award made on March 31, 2022.
F2 Shares of restricted stock issued pursuant to the First BanCorp Omnibus Incentive Plan, as amended. The shares shall fully vest solely on the basis of the passage of time over a one year period or on March 31, 2024.