Barreras-Pellegrini Victor M 4
4 · FIRST BANCORP /PR/ · Filed Mar 23, 2012
Insider Transaction Report
Form 4
Barreras-Pellegrini Victor M
SVP/Treasurer
Transactions
- Award
First BanCorp Common Stock, par value $0.10 per share
2012-03-21$4.00/sh+10,000$40,000→ 10,000 total
Footnotes (1)
- [F1]Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest as follows: 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.