FBP

SEC source: 0001209191-18-024816 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 272,658

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F2 · balance_after: Includes 17,643 shares purchased through the Employee Stock Purchase Plan.

SEC source: 0001209191-18-024816 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 273,071

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-024813 · doc4.xml · nonDerivative · entry 2

Odell Lawrence · CIK 0001354500 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 217,916

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F2 · balance_after: 1,333 shares were acquired for the benefit of the reporting person's children.

SEC source: 0001209191-18-024813 · doc4.xml · nonDerivative · entry 1

Odell Lawrence · CIK 0001354500 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 218,134

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-024810 · doc4.xml · nonDerivative · entry 2

Berges Gonzalez Orlando · CIK 0001464458 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,767

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-024810 · doc4.xml · nonDerivative · entry 1

Berges Gonzalez Orlando · CIK 0001464458 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 370,418

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-024808 · doc4.xml · nonDerivative · entry 2

ALEMAN AURELIO · CIK 0001180593 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,047,237

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-024808 · doc4.xml · nonDerivative · entry 1

ALEMAN AURELIO · CIK 0001180593 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,049,854

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $6.43 the closing price of the Issuer's common stock as quoted on the NYSE on April 11, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021926 · doc4.xml · nonDerivative · entry 2

Kafka Donald · CIK 0001631334 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,675

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021926 · doc4.xml · nonDerivative · entry 1

Kafka Donald · CIK 0001631334 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 174,205

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021927 · doc4.xml · nonDerivative · entry 2

Garcia Calixto · CIK 0001469396 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 273,722

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021927 · doc4.xml · nonDerivative · entry 1

Garcia Calixto · CIK 0001469396 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 274,338

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021924 · doc4.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 159,159

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021924 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 159,402

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021921 · doc4.xml · nonDerivative · entry 2

Lopez-Lay Ginoris · CIK 0001372784 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,606

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021921 · doc4.xml · nonDerivative · entry 1

Lopez-Lay Ginoris · CIK 0001372784 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 151,133

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021922 · doc4.xml · nonDerivative · entry 2

Power Carlos · CIK 0001578141 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,061

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021922 · doc4.xml · nonDerivative · entry 1

Power Carlos · CIK 0001578141 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,469

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021919 · doc4.xml · nonDerivative · entry 2

MARTINO EMILIO · CIK 0001223106 · EVP and CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,360

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F2 · balance_after: Includes 4,384 shares purchased through the Employee Purchase Plan.

SEC source: 0001209191-18-021919 · doc4.xml · nonDerivative · entry 1

MARTINO EMILIO · CIK 0001223106 · EVP and CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,635

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021918 · doc4.xml · nonDerivative · entry 2

RIVERA NAYDA · CIK 0001224437 · EVP and CRO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 287,311

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F2 · balance_after: Includes 1,767 shares purchased through the Employee Purchase Plan.

SEC source: 0001209191-18-021918 · doc4.xml · nonDerivative · entry 1

RIVERA NAYDA · CIK 0001224437 · EVP and CRO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 288,071

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021917 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 272,658

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F2 · balance_after: Includes 17,643 shares purchased through the Employee Purchase Plan.

SEC source: 0001209191-18-021917 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 273,109

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021916 · doc4.xml · nonDerivative · entry 2

Odell Lawrence · CIK 0001354500 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 217,417

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F2 · balance_after: 1,333 shares were acquired for the benefit of the reporting person's children.

SEC source: 0001209191-18-021916 · doc4.xml · nonDerivative · entry 1

Odell Lawrence · CIK 0001354500 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 217,655

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021915 · doc4.xml · nonDerivative · entry 2

Berges Gonzalez Orlando · CIK 0001464458 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 368,385

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021915 · doc4.xml · nonDerivative · entry 1

Berges Gonzalez Orlando · CIK 0001464458 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,094

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021914 · doc4.xml · nonDerivative · entry 2

ALEMAN AURELIO · CIK 0001180593 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,043,315

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021914 · doc4.xml · nonDerivative · entry 1

ALEMAN AURELIO · CIK 0001180593 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,046,167

F1 · shares: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

F1 · price: Salary stock issued bi-weekly as a portion of the reporting person's salary compensation under the First BanCorp Omnibus Incentive Plan, as amended. Salary stock is fully vested on the date of grant. The number of shares represented by this award was determined by dividing the dollar value of the award granted to the reporting person by $5.90 the closing price of the Issuer's common stock as quoted on the NYSE on March 27, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-021562 · doc4.xml · nonDerivative · entry 1

Romero Pedro · CIK 0001355960 · SVP and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,712

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021564 · doc4.xml · derivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,957

Underlying: Common Stock · 15,957 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021564 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 290,301

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021561 · doc4.xml · derivative · entry 2

Kafka Donald · CIK 0001631334 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,783

Underlying: Common Stock · 26,783 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021561 · doc4.xml · nonDerivative · entry 1

Kafka Donald · CIK 0001631334 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 172,576

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021559 · doc4.xml · derivative · entry 2

MARTINO EMILIO · CIK 0001223106 · EVP and CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,999

Underlying: Common Stock · 11,999 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021559 · doc4.xml · nonDerivative · entry 1

MARTINO EMILIO · CIK 0001223106 · EVP and CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 202,713

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021558 · doc4.xml · derivative · entry 2

Lopez-Lay Ginoris · CIK 0001372784 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,645

Underlying: Common Stock · 19,645 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021558 · doc4.xml · nonDerivative · entry 1

Lopez-Lay Ginoris · CIK 0001372784 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 149,504

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021557 · doc4.xml · derivative · entry 2

Garcia Calixto · CIK 0001469396 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,928

Underlying: Common Stock · 19,928 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021557 · doc4.xml · nonDerivative · entry 1

Garcia Calixto · CIK 0001469396 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 272,546

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021556 · doc4.xml · derivative · entry 3

Power Carlos · CIK 0001578141 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,362

Underlying: Common Stock · 20,362 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021556 · doc4.xml · nonDerivative · entry 1

Power Carlos · CIK 0001578141 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 214,166

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021555 · doc4.xml · derivative · entry 3

Odell Lawrence · CIK 0001354500 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,172

Underlying: Common Stock · 17,172 shares

Expires 2021-03-21

F3 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021555 · doc4.xml · nonDerivative · entry 1

Odell Lawrence · CIK 0001354500 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 216,873

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021547 · doc4.xml · derivative · entry 2

Berges Gonzalez Orlando · CIK 0001464458 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,592

Underlying: Common Stock · 25,592 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. 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.

SEC source: 0001209191-18-021547 · doc4.xml · nonDerivative · entry 1

Berges Gonzalez Orlando · CIK 0001464458 · EVP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 366,878

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021541 · doc4.xml · derivative · entry 2

ALEMAN AURELIO · CIK 0001180593 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 105,199

Underlying: Common Stock · 105,199 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

SEC source: 0001209191-18-021541 · doc4.xml · nonDerivative · entry 1

ALEMAN AURELIO · CIK 0001180593 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,039,041

F1 · kind: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · shares: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

F1 · price: 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, 2020 and the remaining 50% vesting on year three or March 21, 2021.

SEC source: 0001209191-18-021540 · doc4.xml · derivative · entry 3

RIVERA NAYDA · CIK 0001224437 · EVP and CRO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,675

Underlying: Common Stock · 27,675 shares

Expires 2021-03-21

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.