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McDonald Michael

Disclosed activity across 1 company

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56657
SEC CIK
0001559379

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
FIRST BANCORP /PR/FBP · Entity 4027EVPMarch 19, 2026March 23, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

FIRST BANCORP /PR/

Report date March 19, 2026 · Filed March 23, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
First BanCorp Common Stock, par value $0.10 per shareSEC Table I · non-derivativeDirect76,170 Ending reported balance After 2026-03-21 transaction · row 2
2 source rows · reconciled sequence

Row 1 · 2026-03-19 · Grant · Acquired 7,613 · Balance 76,964

F1: 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 19, 2028, and the remaining 50% vesting on year three or March 19, 2029.

Row 2 · 2026-03-21 · Tax withholding · Disposed 794 · Balance 76,170

F2: Shares withheld to cover taxes related to restricted stock that vested on March 21, 2026 pursuant to the terms of the restricted stock award made on March 21, 2024.

Performance Share UnitSEC Table II · derivative / convertible security · Expires 2029-03-19Direct19,449 Reported balance After 2026-03-19 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2026-03-19 · Grant · Acquired 7,612 · Balance 19,449

F3: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F4: The amount of 19,449 Performance Share Units were granted as a performance award with 6,023 shares granted on March 21, 2024, 5,814 shares granted on March 19, 2025, and 7,612 shares granted on March 19, 2026 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Filing footnotes · ownership attribution and instrument terms

F1: 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 19, 2028, and the remaining 50% vesting on year three or March 19, 2029.

F2: Shares withheld to cover taxes related to restricted stock that vested on March 21, 2026 pursuant to the terms of the restricted stock award made on March 21, 2024.

F3: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F4: The amount of 19,449 Performance Share Units were granted as a performance award with 6,023 shares granted on March 21, 2024, 5,814 shares granted on March 19, 2025, and 7,612 shares granted on March 19, 2026 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
March 21, 2026 Filed Mar 23, 2026 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share 794 $20.57 $16,332.58
Disclosure

SEC source: 0001193125-26-120159 · ownership.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 76,170

F2 · shares: Shares withheld to cover taxes related to restricted stock that vested on March 21, 2026 pursuant to the terms of the restricted stock award made on March 21, 2024.

Read SEC document
March 19, 2026 Filed Mar 23, 2026 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantPerformance Share Unit · Derivative 7,612 $0.00 $0.00
Disclosure

SEC source: 0001193125-26-120159 · ownership.xml · derivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,449

Underlying: Common Stock · 7,612 shares

Expires 2029-03-19

F3 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F3 · derivative.exercise_date: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F4 · balance_after: The amount of 19,449 Performance Share Units were granted as a performance award with 6,023 shares granted on March 21, 2024, 5,814 shares granted on March 19, 2025, and 7,612 shares granted on March 19, 2026 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 19, 2026 Filed Mar 23, 2026 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantFirst BanCorp Common Stock, par value $0.10 per share 7,613 $20.59 $156,751.67
Disclosure

SEC source: 0001193125-26-120159 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 76,964

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 19, 2028, and the remaining 50% vesting on year three or March 19, 2029.

Read SEC document
March 16, 2026 Filed Mar 18, 2026 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionPerformance Share Unit · Derivative 10,380 Not disclosed Not disclosed
Disclosure

SEC source: 0001193125-26-114230 · ownership.xml · derivative · entry 4

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,837

Underlying: Common Stock · 10,380 shares

Expires 2026-03-16

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the three-year performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F1 · price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the three-year performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · derivative.exercise_date: Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023.

F2 · derivative.underlying_shares: Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023.

F5 · balance_after: The amount of 11,837 Performance Share Units were granted as a performance award with 6,023 shares granted on March 21, 2024 and 5,814 shares granted on March 19, 2025, and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 16, 2026 Filed Mar 18, 2026 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share 1,230 $20.57 $25,301.10
Disclosure

SEC source: 0001193125-26-114230 · ownership.xml · nonDerivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,351

F4 · shares: Shares withheld to cover taxes related to restricted stock that vested on March 16, 2026 pursuant to the terms of the restricted stock award made on March 16, 2023.

Read SEC document
March 16, 2026 Filed Mar 18, 2026 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share 2,736 $20.57 $56,279.52
Disclosure

SEC source: 0001193125-26-114230 · ownership.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 70,581

F3 · shares: Shares withheld to cover taxes related to Performance Shares Units that vested on March 16, 2026 pursuant to the terms of the long-term incentive award made on March 16, 2023.

Read SEC document
March 16, 2026 Filed Mar 18, 2026 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionFirst BanCorp Common Stock, par value $0.10 per share 10,380 Not disclosed Not disclosed
Disclosure

SEC source: 0001193125-26-114230 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 73,317

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the three-year performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · price: Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023.

Read SEC document
January 28, 2026 Filed Jan 29, 2026 22:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst BanCorp Common Stock, par value $0.10 per share 34,122 $22.11 $754,437.42
Disclosure

SEC source: 0001193125-26-029610 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,937

F1 · price: This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on January 28, 2026 at prices ranging from $21.97 to $22.20. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).

Read SEC document
March 24, 2025 Filed Mar 26, 2025 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionPerformance Share Unit · Derivative 8,365 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-045406 · ownership.xml · derivative · entry 4

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,093

Underlying: Common Stock · 8,365 shares

Expires 2025-03-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F1 · price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · derivative.exercise_date: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 24, 2022.

F2 · derivative.underlying_shares: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 24, 2022.

F5 · balance_after: The amount of 20,093 Performance Share Units were granted as a performance award with 8,256 shares granted on March 16, 2023, 6,023 shares granted on March 21, 2024, and 5,814 shares granted on March 19, 2025 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 24, 2025 Filed Mar 26, 2025 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share 1,102 $19.04 $20,982.08
Disclosure

SEC source: 0000950170-25-045406 · ownership.xml · nonDerivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,059

F4 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 24, 2025 pursuant to the terms of the restricted stock award made on March 24, 2022.

Read SEC document
March 24, 2025 Filed Mar 26, 2025 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share 2,205 $19.04 $41,983.20
Disclosure

SEC source: 0000950170-25-045406 · ownership.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 98,161

F3 · shares: Shares withheld to cover taxes related to the Performance Share Units that vested on March 24, 2025 pursuant to the terms of the long-term incentive award made on March 24, 2022.

Read SEC document
March 24, 2025 Filed Mar 26, 2025 21:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionFirst BanCorp Common Stock, par value $0.10 per share 8,365 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-25-045406 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,366

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · price: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 24, 2022.

Read SEC document
March 19, 2025 Filed Mar 21, 2025 20:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantPerformance Share Unit · Derivative 5,814 $0.00 $0.00
Disclosure

SEC source: 0000950170-25-043165 · ownership.xml · derivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,458

Underlying: Common Stock · 5,814 shares

Expires 2028-03-19

F2 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · derivative.exercise_date: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F3 · balance_after: The amount of 28,458 Performance Share Units were granted as a performance award with 8,365 shares granted on March 24, 2022, 8,256 shares granted on March 16, 2023, 6,023 shares granted on March 21, 2024, and 5,814 shares granted on March 19, 2025, and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 19, 2025 Filed Mar 21, 2025 20:00 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantFirst BanCorp Common Stock, par value $0.10 per share 5,815 $18.35 $106,705.25
Disclosure

SEC source: 0000950170-25-043165 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 92,001

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 19, 2027, and the remaining 50% vesting on year three or March 19, 2028.

Read SEC document
March 16, 2025 Filed Mar 18, 2025 20:20 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 1,290 $18.26 $23,555.40
Disclosure

SEC source: 0000950170-25-041221 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,186

F1 · shares: Shares withheld to cover taxes related to the restricted stock that vested on March 16, 2025 pursuant to the terms of the long-term incentive award made on March 16, 2023.

Read SEC document
September 03, 2024 Filed Sep 5, 2024 13:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst BanCorp Common Stock, par value $0.10 per share 1,944 $21.51 $41,815.44
Disclosure

SEC source: 0000950170-24-103760 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,476

Read SEC document
August 26, 2024 Filed Aug 28, 2024 21:24 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst BanCorp Common Stock, par value $0.10 per share 7,612 $21.65 $164,799.80
Disclosure

SEC source: 0000950170-24-101476 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 89,420

F1 · price: This amount represents the weighted average sales price for the shares, which were sold in multiple transactions on August 26, 2024, at prices ranging from $21.55 to $21.68. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 16, 2024 Filed Aug 19, 2024 20:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst Bancorp Common Stock, par value $0.10 per share 9,048 $20.53 $185,712.91
Disclosure

SEC source: 0001140361-24-037797 · form4.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,032

F2 · shares: This amount represents the weighted average sales price for the shares, which were sold in multiple transactions on August 16, 2024, at prices ranging from $20.50 to $20.575. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
August 15, 2024 Filed Aug 19, 2024 20:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst Bancorp Common Stock, par value $0.10 per share 3,201 $20.37 $65,216.85
Disclosure

SEC source: 0001140361-24-037797 · form4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,080

F1 · shares: This amount represents the weighted average sales price for the shares, which were sold in multiple transactions on August 15, 2024, at prices ranging from $20.325 to $20.43. The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
March 31, 2024 Filed Apr 2, 2024 21:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionPerformance Share Unit · Derivative 9,769 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-24-040362 · ownership.xml · derivative · entry 4

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,644

Underlying: Common Stock · 9,769 shares

Expires 2024-03-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F1 · price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · derivative.exercise_date: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 31, 2021.

F2 · derivative.underlying_shares: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 31, 2021.

F5 · balance_after: The amount of 22,644 Performance Share Units were granted as a performance award with 8,365 shares granted on March 24, 2022, 8,256 shares granted on March 16, 2023, and 6,023 shares granted on March 21, 2024 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 31, 2024 Filed Apr 2, 2024 21:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 1,300 $17.54 $22,802.00
Disclosure

SEC source: 0000950170-24-040362 · ownership.xml · nonDerivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 109,281

F4 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 31, 2024 pursuant to the terms of the restricted stock award made on March 31, 2021.

Read SEC document
March 31, 2024 Filed Apr 2, 2024 21:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 2,599 $17.54 $45,586.46
Disclosure

SEC source: 0000950170-24-040362 · ownership.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 110,581

F3 · shares: Shares withheld to cover taxes related to the Performance Share Units that vested on March 31, 2024 pursuant to the terms of the long-term incentive award made on March 31, 2021.

Read SEC document
March 31, 2024 Filed Apr 2, 2024 21:17 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionFirst BanCorp Common Stock, par value $0.10 per share. 9,769 Not disclosed Not disclosed
Disclosure

SEC source: 0000950170-24-040362 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 113,180

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · price: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 31, 2021.

Read SEC document
March 24, 2024 Filed Mar 26, 2024 00:07 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 1,113 $16.86 $18,765.18
Disclosure

SEC source: 0000950170-24-036097 · ownership.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 103,411

F2 · shares: Shares withheld to cover taxes related to the restricted stock that vested on March 24, 2024 pursuant to the terms of the long-term incentive award made on March 24, 2022.

Read SEC document
March 21, 2024 Filed Mar 26, 2024 00:07 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantPerformance Share Unit · Derivative 6,023 $0.00 $0.00
Disclosure

SEC source: 0000950170-24-036097 · ownership.xml · derivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,413

Underlying: Common Stock · 6,023 shares

Expires 2027-03-21

F3 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F3 · derivative.exercise_date: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F4 · balance_after: The amount of 32,413 Performance Share Units were granted as a performance award with 9,769 shares granted on March 31, 2021, 8,365 shares granted on March 24, 2022, 8,256 shares granted on March 16, 2023, and 6,023 shares granted on March 21, 2024, and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 21, 2024 Filed Mar 26, 2024 00:07 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantFirst BanCorp Common Stock, par value $0.10 per share. 6,023 $17.35 $104,499.05
Disclosure

SEC source: 0000950170-24-036097 · ownership.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 104,524

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, 2026 and the remaining 50% vesting on year three or March 21, 2027.

Read SEC document
January 30, 2024 Filed Feb 9, 2024 21:35 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst BanCorp Common Stock, par value $0.10 per share. 57,600 $17.34 $998,674.56
Disclosure

SEC source: 0001559379-24-000001 · primary_doc.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 98,501

Read SEC document
March 31, 2023 Filed Apr 4, 2023 22:23 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 1,300 $11.42 $14,846.00
Disclosure

SEC source: 0001209191-23-022941 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 156,101

F1 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 31, 2023 pursuant to the terms of the restricted stock award made on March 31, 2021.

Read SEC document
March 18, 2023 Filed Mar 21, 2023 00:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionPerformance Share Unit · Derivative 24,534 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-23-020136 · doc4.xml · derivative · entry 6

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,390

Underlying: Common Stock · 24,534 shares

Expires 2023-03-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F3 · derivative.exercise_date: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 18, 2020.

F3 · derivative.underlying_shares: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 18, 2020.

F7 · balance_after: The amount of 34,303 Performance Share Units were granted as a performance award, with 24,534 shares granted on March 18, 2020 and 9,769 shares granted on March 31, 2021 and vest based upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock.

Read SEC document
March 18, 2023 Filed Mar 21, 2023 00:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 3,306 $11.15 $36,861.90
Disclosure

SEC source: 0001209191-23-020136 · doc4.xml · nonDerivative · entry 4

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 157,401

F5 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 18, 2023 pursuant to the terms of the restricted stock award made on March 18, 2020.

Read SEC document
March 18, 2023 Filed Mar 21, 2023 00:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 6,611 $11.15 $73,712.65
Disclosure

SEC source: 0001209191-23-020136 · doc4.xml · nonDerivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 160,707

F4 · shares: Shares withheld to cover taxes related to the Performance Share Units granted in a restricted stock that vested on March 18, 2023, pursuant to the terms of the long-term incentive award made on March 18, 2020.

Read SEC document
March 18, 2023 Filed Mar 21, 2023 00:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionFirst BanCorp Common Stock, par value $0.10 per share. 24,534 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-23-020136 · doc4.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 167,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · shares: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F3 · price: Performance Share Units that vested based on the achievement of the performance goal at a level resulting in 100% of target, pursuant to a grant of Performance Share Units awarded on March 18, 2020.

Read SEC document
March 16, 2023 Filed Mar 21, 2023 00:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantPerformance Share Unit · Derivative 8,256 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-020136 · doc4.xml · derivative · entry 5

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,924

Underlying: Common Stock · 8,256 shares

Expires 2026-03-16

F6 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F6 · derivative.exercise_date: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

Read SEC document
March 16, 2023 Filed Mar 21, 2023 00:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantFirst BanCorp Common Stock, par value $0.10 per share. 8,257 $11.99 $99,001.43
Disclosure

SEC source: 0001209191-23-020136 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,784

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 16, 2025 and the remaining 50% vesting on year three or March 16, 2026.

Read SEC document
March 24, 2022 Filed Mar 28, 2022 22:04 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantPerformance Share Unit · Derivative 8,365 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-021376 · doc4.xml · derivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,668

Underlying: Common Stock · 8,365 shares

Expires 2025-03-24

F2 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target-level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F2 · derivative.exercise_date: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target-level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

Read SEC document
March 24, 2022 Filed Mar 28, 2022 22:04 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantFirst BanCorp Common Stock, par value $0.10 per share. 8,365 $13.15 $109,999.75
Disclosure

SEC source: 0001209191-22-021376 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 134,527

F1 · shares: Shares of restricted stock issued pursuant to the First BanCorp Onmibus 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 24, 2024 and the remaining 50% vesting on year three or March 24, 2025.

Read SEC document
March 21, 2022 Filed Mar 22, 2022 23:18 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionPerformance Share Unit · Derivative 8,072 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-22-020636 · doc4.xml · derivative · entry 5

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,303

Underlying: Common Stock · 8,072 shares

Expires 2022-03-21

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F4 · price: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F5 · derivative.exercise_date: 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 performnace shares award made on March 21, 2019.

F5 · derivative.underlying_shares: 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 performnace shares award made on March 21, 2019.

F6 · balance_after: The amount of 34,303 performance share units were granted as a performance award, with 24,534 shares granted on March 18, 2020 and 9,769 shares granted on March 31, 2021 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.

Read SEC document
March 21, 2022 Filed Mar 22, 2022 23:18 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionFirst BanCorp Common Stock, par value $0.10 per share. 8,072 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-22-020636 · doc4.xml · nonDerivative · entry 4

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 126,162

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each performance Share Units represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 100% for target level performance, in FBP common stock free of restriction. Amounts between threshold and target level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance.

F5 · price: 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 performnace shares award made on March 21, 2019.

Read SEC document
March 21, 2022 Filed Mar 22, 2022 23:18 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 2,171 $13.45 $29,199.95
Disclosure

SEC source: 0001209191-22-020636 · doc4.xml · nonDerivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,090

F3 · shares: Shares withheld to cover taxes related to the performance share units granted in a restricted stock that vested on March 21, 2022, pursuant to the terms of the long-term incentive award made on March 21, 2019.

Read SEC document
March 21, 2022 Filed Mar 22, 2022 23:18 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 724 $13.45 $9,737.80
Disclosure

SEC source: 0001209191-22-020636 · doc4.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,261

F2 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2022 pursuant to the terms of the restricted stock award made on March 21, 2019.

Read SEC document
March 18, 2022 Filed Mar 22, 2022 23:18 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 3,298 $13.43 $44,292.14
Disclosure

SEC source: 0001209191-22-020636 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,985

F1 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 18, 2022 pursuant to the terms of the restricted stock award made on March 18, 2020.

Read SEC document
May 03, 2021 Filed May 4, 2021 22:13 UTC FIRST BANCORP /PR/ FBP · Entity 4027 SaleFirst BanCorp Common Stock, par value $0.10 per share. 80,000 $12.58 $1,006,400.00
Disclosure

SEC source: 0001209191-21-030027 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 124,283

F1 · price: This amount represents the weighted average purchase price for the transaction on this line, which ranges from $12.50 to $12.655. Upon written request by SEC staff, the issuer or any security holder of the issuer, may provide detailed information regarding the number of shares sold at each separate price.

Read SEC document
March 31, 2021 Filed Apr 1, 2021 23:42 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantPerformance Share Unit · Derivative 9,769 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-024291 · doc4.xml · derivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,375

Underlying: Common Stock · 9,769 shares

Expires 2024-03-31

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.

Read SEC document
March 31, 2021 Filed Apr 1, 2021 23:42 UTC FIRST BANCORP /PR/ FBP · Entity 4027 GrantFirst BanCorp Common Stock, par value $0.10 per share. 9,769 $11.26 $109,998.94
Disclosure

SEC source: 0001209191-21-024291 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 204,283

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 31, 2023 and the remaining 50% vesting on year three or March 31, 2024.

Read SEC document
March 21, 2021 Filed Mar 23, 2021 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionPerformance Share Unit · Derivative 14,096 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-21-022668 · doc4.xml · derivative · entry 5

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,606

Underlying: Common Stock · 14,096 shares

Expires 2021-03-21

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · 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.

F4 · 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.

F5 · derivative.exercise_date: 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.

F5 · derivative.underlying_shares: 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.

F6 · balance_after: The amount of 32,606 performance share units were granted as a performance award, with 8,072 shares granted on March 21, 2019 and 24,534 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.

Read SEC document
March 21, 2021 Filed Mar 23, 2021 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Exercise / conversionFirst BanCorp Common Stock, par value $0.10 per share. 14,096 Not disclosed Not disclosed
Disclosure

SEC source: 0001209191-21-022668 · doc4.xml · nonDerivative · entry 4

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200,257

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · shares: 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.

F5 · price: 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.

Read SEC document
March 21, 2021 Filed Mar 23, 2021 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 3,777 $12.22 $46,154.94
Disclosure

SEC source: 0001209191-21-022668 · doc4.xml · nonDerivative · entry 3

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 196,480

F3 · shares: 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.

Read SEC document
March 21, 2021 Filed Mar 23, 2021 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 1,250 $12.22 $15,275.00
Disclosure

SEC source: 0001209191-21-022668 · doc4.xml · nonDerivative · entry 2

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 195,230

F2 · shares: 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.

Read SEC document
March 21, 2021 Filed Mar 23, 2021 22:30 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 716 $12.22 $8,749.52
Disclosure

SEC source: 0001209191-21-022668 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,514

F1 · shares: 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.

Read SEC document
March 21, 2020 Filed Mar 24, 2020 19:31 UTC FIRST BANCORP /PR/ FBP · Entity 4027 Tax withholdingFirst BanCorp Common Stock, par value $0.10 per share. 1,168 $3.86 $4,508.48
Disclosure

SEC source: 0001209191-20-020884 · doc4.xml · nonDerivative · entry 1

McDonald Michael · CIK 0001559379 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,161

F1 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2020 pursuant to the terms of the restricted stock award made on March 21, 2018.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.