FIRST BANCORP /PR/ 4
4 · FIRST BANCORP /PR/ · Filed Mar 31, 2014
Insider Transaction Report
Form 4
Romero Pedro
SVP/Chief Accounting Officer
Transactions
- Award
First BanCorp Common Stock
2014-03-27$5.25/sh+10,000$52,500→ 40,000 total
Footnotes (1)
- [F1]Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest as follow: fifty percent (50%) of the shares will vest on the second anniversary date of the grant and the remaining fifty percent (50%) will vest on the third anniversary date of the grant. Notwithstanding vesting, the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions.