Crespo Luz - 30 Sep 2024 Form 4 Insider Report for FIRST BANCORP /PR/ (FBP)

Role
Director
Signature
/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact
Issuer symbol
FBP
Transactions as of
30 Sep 2024
Transactions value $
$33,681
Form type
4
Filing time
02 Oct 2024, 07:00:05
Previous filing
19 Mar 2024
Next filing
02 Oct 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBP First BanCorp Common Stock, par value $0.10 per share. Tax liability -$6.31K -298 -0.5% $21.17 58.8K 30 Sep 2024 Direct F1
transaction FBP First BanCorp Common Stock, par value $0.10 per share. Award $40K +1.89K +3.21% $21.17 60.6K 30 Sep 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover taxes related to restricted stock vested on September 30, 2024 pursuant to the terms of the restricted stock award made on September 30, 2023.
F2 Represents shares of restricted stock issued on September 30, 2024 pursuant to the First BanCorp Omnibus Incentive Plan, as amended, which vest solely on the basis of the passage of time over a one-year period on September 30, 2025.