4//SEC Filing
FIRST BANCORP /PR/ 4
Accession 0001104659-13-066126
$FBPCIK 0001057706operating
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 5:52 PM ET
Size
78.5 KB
Accession
0001104659-13-066126
Insider Transaction Report
Form 4
HARMON MICHAEL P
Director10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
Oaktree Capital I, L.P.
10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
OAKTREE FUND GP I, L.P.
10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
OCM HOLDINGS I, LLC
10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
Oaktree Fund GP, LLC
10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
Oaktree Capital Group, LLC
10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
OAKTREE HOLDINGS, LLC
10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2013-08-22$6.75/sh+3,703$24,995→ 42,695,673 total(indirect: See Footnotes)
Footnotes (3)
- [F1]Restricted stock issued to Michael P. Harmon, a Managing Director of Oaktree Capital Management, L.P. and a director of First Bancorp, pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest on August 22, 2014. Mr. Harmon holds these 3,703 shares of restricted stock for the benefit of OCM FIE, LLC ("FIE"). Pursuant to the policies of the Reporting Persons, Mr. Harmon must hold the shares on behalf of and for the benefit of FIE and is assigning all economic, pecuniary and voting rights to FIE. The Reporting Persons disclaim beneficial ownership of these securities, and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of such securities covered by this Form 4, except to the extent of any indirect pecuniary interest therein.
- [F2]This Form 4 is being filed by Mr. Harmon and by (i) Oaktree Fund GP, LLC ("GP"), in its capacity as the general partner of Oaktree Principal Fund V (Delaware), L.P. and the managing member of FIE, (ii) Oaktree Fund GP I, L.P. ("GP I"), in its capacity as the managing member of GP; (iii) Oaktree Capital I, L.P. ("Capital I"), in its capacity as the general partner of GP I; (iv) OCM Holdings I, LLC ("Holdings I"), in its capacity as the general partner of Capital I; (v) Oaktree Holdings, LLC ("Holdings"), in its capacity as the managing member of Holdings I; (vi) Oaktree Capital Group, LLC ("OCG"), in its capacity as the managing member of Holdings; and (vii) Oaktree Capital Group Holdings GP, LLC ("OCGH GP," and together with GP, GP I, Capital I, Holdings I, Holdings, and OCG, each a "Reporting Person" and collectively, the "Reporting Persons"), in its capacity as the duly elected manager of OCG.
- [F3]OCGH GP is a limited liability company managed by an executive committee, the members of which are Howard S. Marks, Bruce A. Karsh, John B. Frank, David M. Kirchheimer, Sheldon M. Stone, Larry W. Keele, Stephen A. Kaplan and Kevin L. Clayton (the "OCGH GP Members"). In such capacity, the OCGH GP Members may be deemed indirect beneficial owners of the securities reported herein. Except to the extent of their respective pecuniary interest, each OCGH GP Member disclaims beneficial ownership of the securities reported herein and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any securities covered by this Form 4.
Documents
Issuer
FIRST BANCORP /PR/
CIK 0001057706
Entity typeoperating
IncorporatedPR
Related Parties
1- filerCIK 0001057706
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 5:52 PM ET
- Size
- 78.5 KB