MARTINO EMILIO 4
4 · FIRST BANCORP /PR/ · Filed Jul 3, 2018
Insider Transaction Report
Form 4
MARTINO EMILIO
EVP/Chief Lendinf Officer
Transactions
- Award
First BanCorp Common Stock, par value $0.10 per share.
2018-06-29$7.65/sh+527$4,032→ 207,383 total - Tax Payment
First BanCorp Common Stock, par value $0.10 per share.
2018-06-29$7.65/sh−149$1,140→ 207,234 total
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 $7.65 the closing price of the Issuer's common stock as quoted on the NYSE on June 29, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.
- [F2]Includes 4,458 shares purchased through the Employee Stock Purchase Plan.