0001209191-21-022666.txt : 20210323
0001209191-21-022666.hdr.sgml : 20210323
20210323182852
ACCESSION NUMBER: 0001209191-21-022666
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: MARTINO EMILIO
CENTRAL INDEX KEY: 0001223106
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14793
FILM NUMBER: 21765955
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
0001223106
MARTINO EMILIO
P.O. BOX 9146
SAN JUAN
PR
00908-0146
PUERTO RICO
0
1
0
0
EVP and CLO
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21
4
F
0
273
12.22
D
235756
D
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21
4
F
0
494
12.22
D
236029
D
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21
4
F
0
1684
12.22
D
236523
D
First BanCorp Common Stock, par value $0.10 per share.
2021-03-21
4
M
0
11999
A
238207
D
Performance Share Unit
2021-03-21
4
M
0
11999
D
2021-03-21
Common Stock
11999
22237
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.
Includes 5,580 shares purchased through the Employee Purchase Plan.
The amount of 22,237 performance share units were granted as a performance award, with 6,612 shares granted on March 21, 2019 and 15,625 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/Emilio Martino
2021-03-23