4//SEC Filing
MARTINO EMILIO 4
Accession 0001209191-21-022666
CIK 0001057706other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 6:28 PM ET
Size
13.5 KB
Accession
0001209191-21-022666
Insider Transaction Report
Form 4
MARTINO EMILIO
EVP/Chief Lendinf Officer
Transactions
- Tax Payment
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21$12.22/sh−273$3,336→ 235,756 total - Tax Payment
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21$12.22/sh−494$6,037→ 236,029 total - Tax Payment
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21$12.22/sh−1,684$20,578→ 236,523 total - Exercise/Conversion
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21+11,999→ 238,207 total - Exercise/Conversion
Performance Share Unit
2021-03-21−11,999→ 22,237 totalExp: 2021-03-21→ Common Stock (11,999 underlying)
Footnotes (7)
- [F1]Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2021 pursuant to the terms of the restricted stock award made on March 21, 2019.
- [F2]Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2021 pursuant to the terms of the restricted stock award made on March 21, 2018.
- [F3]Shares withheld to cover taxes related to the performance share units granted in a restricted stock that vested on March 21, 2021, pursuant to the terms of the long-term incentive award made on March 21, 2018.
- [F4]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.
- [F5]Performance shares that vested based in the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of performace shares award made on March 21, 2018.
- [F6]Includes 5,580 shares purchased through the Employee Purchase Plan.
- [F7]The amount of 22,237 performance share units were granted as a performance award, with 6,612 shares granted on March 21, 2019 and 15,625 shares granted on March 18, 2020, respectively, and vest based upon the degree of achievement of performance goals. Each performance right represents a contingent right to receive one share of FBP common stock.
Documents
Issuer
FIRST BANCORP /PR/
CIK 0001057706
Entity typeother
Related Parties
1- filerCIK 0001223106
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 6:28 PM ET
- Size
- 13.5 KB