Home/Filings/4/0001140361-17-009701
4//SEC Filing

FIRST BANCORP /PR/ 4

Accession 0001140361-17-009701

$FBPCIK 0001057706operating

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 4:51 PM ET

Size

7.0 KB

Accession

0001140361-17-009701

Insider Transaction Report

Form 4
Period: 2017-02-01
Transactions
  • Award

    Common Stock

    2017-02-01+3,6443,644 total
Holdings
  • Common Stock

    (indirect: See Footnote 4)
    31,528,702
Footnotes (5)
  • [F1]Restricted stock issued pursuant to the First BanCorp Omnibus Incentive Plan, as amended. Shares were granted by the Issuer in connection with the Reporting Person's services as a director. Shares will vest on February 1, 2018.
  • [F2]Not applicable.
  • [F3]Pursuant to the operative agreements for Thomas H. Lee Advisors (Alternative) VI, Ltd. ("Advisors"), THL FBC Equity Investors, L.P. ("FBC Fund"), Thomas H. Lee (Alternative) Fund VI, L.P. ("Fund VI"), Thomas H. Lee (Alternative) Parallel Fund VI, L.P. ("Parallel Fund VI") and Thomas H. Lee (Alternative) Parallel (DT) Fund VI ("DT Fund VI"; together with FBC Fund, Fund VI and Parallel Fund VI, the "Funds"), any securities issued to persons serving as directors of portfolio companies of Fund VI, such as the Issuer, are held for the benefit of THL Managers VI, LLC ("Managers VI").
  • [F4]The Reporting Person holds an interest in Thomas H. Lee Advisors (Alternative) VI, Ltd., which is the general partner of THL Advisors (Alternative) VI, L.P., which is the general partner of the Funds. The Reporting Person is also a Managing Director of Thomas H. Lee Partners, L.P., which is the managing member of Managers VI. Therefore, the Reporting Person may be deemed to beneficially own the shares of the Issuer owned directly by the Funds and Managers VI. The Reporting Person disclaims beneficial ownership of all shares of the Issuer owned by the Funds and Managers VI, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for the purposes of Section 16 or for any other purpose, except to the extent of the Reporting Person's pecuniary interest therein.
  • [F5]As of February 1, 2017.

Issuer

FIRST BANCORP /PR/

CIK 0001057706

Entity typeoperating
IncorporatedPR

Related Parties

1
  • filerCIK 0001057706

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:51 PM ET
Size
7.0 KB