0001209191-21-022647.txt : 20210323 0001209191-21-022647.hdr.sgml : 20210323 20210323181509 ACCESSION NUMBER: 0001209191-21-022647 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210321 FILED AS OF DATE: 20210323 DATE AS OF CHANGE: 20210323 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ALEMAN AURELIO CENTRAL INDEX KEY: 0001180593 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14793 FILM NUMBER: 21765920 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 2021-03-21 0 0001057706 FIRST BANCORP /PR/ FBP 0001180593 ALEMAN AURELIO P.O. BOX 9146 SAN JUAN PR 00908-0146 PUERTO RICO 1 1 0 0 President and CEO First BanCorp Common Stock, par value $0.10 per share. 2021-03-21 4 F 0 10569 12.22 D 1225705 D First BanCorp Common Stock, par value $0.10 per share. 2021-03-21 4 F 0 14851 12.22 D 1236274 D First BanCorp Common Stock, par value $0.10 per share. 2021-03-21 4 F 0 44552 12.22 D 1251125 D First BanCorp Common Stock, par value $0.10 per share. 2021-03-21 4 M 0 105199 A 1295677 D Performance Share Unit 2021-03-21 4 M 0 105199 D 2021-03-21 Common Stock 105199 287230 D Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2021 pursuant to the terms of the restricted stock award made on March 21, 2019. Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2021 pursuant to the terms of the restricted stock award made on March 21, 2018. Shares withheld to cover taxes related to the performance share units granted in a restricted stock that vested on March 21, 2021, pursuant to the terms of the long-term incentive award made on March 21, 2018. 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. Performance shares that vested based in the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of performace shares award made on March 21, 2018. The amount of 287,230 performance share units were granted as a performance award, with 74,864 shares granted on March 21, 2019 and 212,366 shares granted on March 18, 2020, respectively, and vest based upon the degree of achievement of performance goals. Each performance right represents a contingent right to receive one share of FBP common stock. /s/Aurelio Aleman 2021-03-23