Patricia Eaves - 31 Mar 2023 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Director
Signature
/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact
Issuer symbol
FBP
Transactions as of
31 Mar 2023
Net transactions value
+$36,510
Form type
4
Filing time
04 Apr 2023, 18:19:28 UTC
Previous filing
01 Apr 2022
Next filing
02 Apr 2024
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 $3,483 -305 -2.3% $11.42 12,699 31 Mar 2023 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share Award $39,993 +3,502 +28% $11.42 16,201 31 Mar 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.