0001209191-17-035965.txt : 20170526 0001209191-17-035965.hdr.sgml : 20170526 20170526173347 ACCESSION NUMBER: 0001209191-17-035965 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170510 FILED AS OF DATE: 20170526 DATE AS OF CHANGE: 20170526 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST BANCORP /PR/ CENTRAL INDEX KEY: 0001057706 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 660561882 STATE OF INCORPORATION: PR FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1519 PONCE DE LEON AVE STREET 2: SANTURCE CITY: SAN JUAN STATE: PR ZIP: 00908-0146 BUSINESS PHONE: 7877298200 MAIL ADDRESS: STREET 1: 1519 PONCE DE LEON AVE STREET 2: PO BOX 9146 CITY: SAN JUAN STATE: PR ZIP: 00908-0146 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Romero Pedro CENTRAL INDEX KEY: 0001355960 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14793 FILM NUMBER: 17875070 MAIL ADDRESS: STREET 1: P O BOX 9146 CITY: SAN JUAN STATE: PR ZIP: 00908-0146 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-05-10 0 0001057706 FIRST BANCORP /PR/ FBP 0001355960 Romero Pedro 1519 PONCE DE LEON AVE SAN JUAN PR 00908 PUERTO RICO 0 1 0 0 SVP and CAO First BanCorp Common Stock 2017-05-10 4 D 0 64992 0.00 D 66759 D First BanCorp Common Stock 2017-05-10 4 F 0 809 5.75 D 65950 D First BanCorp Common Stock 2017-05-10 4 F 0 1596 5.75 D 64354 D First BanCorp Common Stock 2017-05-10 4 F 0 1908 5.75 D 62446 D Reflects the forfeiture of restricted stock resulting from the sale by the United States Department of the Treasury ("U.S. Treasury") of its remaining shares of the Issuer's Common Stock at a price that, together with its proceeds from prior sales of the Issuer's Common Stock, resulted in its failure to recoup its entire original investment in the Issuer through the U.S. Treasury Troubled Asset Relief Program Capital Purchase Program ("TARP"). Shares withheld to cover taxes related to restricted stock that vested pursuant to the terms of the restricted stock award dated March 21, 2012 but remained subject to TARP restrictions on transfer until the U.S. Treasury confirmed on May 10, 2017 that it had agreed to sell all of its remaining 10,291,553 shares of the Issuer's common stock, which caused the restrictions on an additional 25% of the shares awarded to be released as of such date. Shares withheld to cover taxes related to restricted stock that vested pursuant to the terms of the restricted stock award dated April 3, 2013 but remained subject to TARP restrictions on transfer until the U.S. Treasury confirmed on May 10, 2017 that it had agreed to sell all of its remaining 10,291,553 shares of the Issuer's common stock, which caused the restrictions on an additional 25% of the shares awarded to be released as of such date. Shares withheld to cover taxes related to restricted stock that vested pursuant to the terms of the restricted stock award dated March 20, 2015 but remained subject to TARP restrictions on transfer until the U.S. Treasury confirmed on May 10, 2017 that it had agreed to sell all of its remaining 10,291,553 shares of the Issuer's common stock, which caused the restrictions on an additional 25% of the shares awarded to be released as of such date. /s/Pedro A. Romero 2017-05-26