Daniel Edward Frye - Sep 30, 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
Sep 30, 2023
Transactions value $
-$686
Form type
4
Date filed
10/3/2023, 05:37 PM
Previous filing
Nov 14, 2022

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 -$686 -51 -0.25% $13.46 20.7K Sep 30, 2023 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share. Award $0 +2.97K +14.36% $0.00 23.7K Sep 30, 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 restricted stock that vested on September 30, 2023 pursuant to the terms of the restricted stock award made on September 30, 2022.
F2 Represents shares of restricted stock issued on September 30, 2023 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 September 30, 2024.