0001209191-19-021220.txt : 20190325 0001209191-19-021220.hdr.sgml : 20190325 20190325182951 ACCESSION NUMBER: 0001209191-19-021220 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190321 FILED AS OF DATE: 20190325 DATE AS OF CHANGE: 20190325 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Odell Lawrence CENTRAL INDEX KEY: 0001354500 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14793 FILM NUMBER: 19703684 MAIL ADDRESS: STREET 1: P O BOX 9146 CITY: SAN JUAN STATE: PR ZIP: 00908-0146 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-03-21 0 0001057706 FIRST BANCORP /PR/ FBP 0001354500 Odell Lawrence P.O. BOX 9146 SAN JUAN PR 00908-0146 PUERTO RICO 0 1 0 0 EVP and General Counsel First BanCorp Common Stock 2019-03-21 4 F 0 8416 11.16 D 181877 D First BanCorp Common Stock 2019-03-21 4 A 0 7649 A 189526 D First BanCorp Common Stock 1333 I Reporting Person's Children Performance Share Unit 2019-03-21 4 A 0 11472 A 2022-03-21 Common Stock 11472 28644 D Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2019 pursuant to the terms of the restricted stock award made on March 21, 2017. Shares 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, 2021 and the remaining 50% vesting on year three or March 21, 2022. 1,333 shares were acquired for the benefit of the reporting person's children. Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each performance right represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 100% of the award is paid in common stock free of restrictions. If the final amount is less than 100% of the share units, the balance is forfeited to the Corporation. /s/Lawrence Odell 2019-03-25