4//SEC Filing
Garcia Calixto 4
Accession 0001209191-19-021214
CIK 0001057706other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 6:21 PM ET
Size
9.4 KB
Accession
0001209191-19-021214
Insider Transaction Report
Form 4
Garcia Calixto
EVP/Executive Vice President
Transactions
- Award
First BanCorp Common Stock, par value $0.10 per share.
2019-03-21+6,939→ 272,909 total - Tax Payment
First BanCorp Common Stock, par value $0.10 per share.
2019-03-21$11.16/sh−13,968$155,883→ 265,970 total - Award
Performance Share Unit
2019-03-21+10,408→ 30,336 totalExp: 2021-03-21→ Common Stock (10,408 underlying)
Footnotes (3)
- [F1]Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2019 pursuant to the terms of the restricted stock award made on March 21, 2017.
- [F2]Shares of restricted stock issued pursuant to the First BanCorp Omnibus Incentive Plan, as amended. The shares shall fully vest solely on the basis of the passage of time over a three year period, with 50% vesting on year two or March 21, 2021 and the remaining 50% vesting on year three or March 21, 2022.
- [F3]Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each performance right represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 100% of the award is paid in common stock free of restrictions. If the final amount is less than 100% of the share units, the balance is forfeited to the Corporation.
Documents
Issuer
FIRST BANCORP /PR/
CIK 0001057706
Entity typeother
Related Parties
1- filerCIK 0001469396
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 6:21 PM ET
- Size
- 9.4 KB