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4//SEC Filing

Odell Lawrence 4

Accession 0001209191-18-038957

CIK 0001057706other

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 4:39 PM ET

Size

7.8 KB

Accession

0001209191-18-038957

Insider Transaction Report

Form 4
Period: 2018-06-20
Odell Lawrence
EVP and General Counsel
Transactions
  • Tax Payment

    First BanCorp Common Stock, par value $0.10 per share.

    2018-06-20$8.01/sh175$1,402190,000 total
  • Award

    First BanCorp Common Stock, par value $0.10 per share.

    2018-06-20$8.01/sh+576$4,614190,175 total
Holdings
  • First BanCorp Common Stock, par value $0.10 per share.

    (indirect: By Children)
    1,333
Footnotes (2)
  • [F1]Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $8.01 the closing price of the Issuer's common stock as quoted on the NYSE on June 20, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.
  • [F2]1,333 shares were acquired for the benefit of the reporting person's children.

Issuer

FIRST BANCORP /PR/

CIK 0001057706

Entity typeother

Related Parties

1
  • filerCIK 0001354500

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 4:39 PM ET
Size
7.8 KB