PASARELL DACIO A 4
4 · FIRST BANCORP /PR/ · Filed Sep 10, 2010
Insider Transaction Report
Form 4
PASARELL DACIO A
Other
Transactions
- Award
First BanCorp Common Stock
[F1]2010-08-30+76,905→ 106,905 total - Disposition to Issuer
First BanCorp Series B Preferred Stock
[F1]2010-08-30−2,000→ 0 total - Disposition to Issuer
First BanCorp Series D Preferred Stock
[F1]2010-08-30−300→ 0 total - Disposition to Issuer
First BanCorp Series E Preferred Stock
[F1]2010-08-30−4,300→ 0 total
Footnotes (1)
- [F1]76,905 shares of Common Stock were issued to the Reporting Person in exchange for 2,000 shares of Series B Preferred Stock, 300 shares of Series D Preferred Stock, and 4,300 shares of Series E Preferred Stock pursuant to the Issuer's Exchange Offer. The transactions reported on this Form 4 were approved by the Issuer's Board of Directors as a part of its approval of the offer made to issue shares of Common Stock in exchange for the outstanding shares of Series A through E Preferred Stock in its recently completed Exchange Offer.
Signature
/s/ Dacio Pasarell|2010-09-10