SEC Form 4 · accession 0001209191-18-021562
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, 2018
Accepted (ET)
Mar 23, 2018 · 6:44 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, par value $0.10 per share.F1 | Mar 21, 2018 | A | 7,500 | — | A | 62,712 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.