SEC Form 4 · accession 0001209191-17-022625
FIRST BANCORP /PR/ · FBP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pedro Romero
Officer — SVP and CAO
Period of report
Mar 21, 2017
Accepted (ET)
Mar 23, 2017 · 6:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001057706
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| First BanCorp Common Stock | Mar 21, 2017 | A | 25,000 | $5.41 | A | 134,116 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued 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 two year period on March 21, 2019. Notwithstanding vesting, the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions.