PANCHAM CASSAN

SEC source: 0000950170-25-075843 · ownership.xml · nonDerivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 299,088

F3 · shares: Shares withhled to cover taxes related to a restricted stock that vested on May 15, 2025 pursuant to the terms of the restricted stock award made on March 15, 2025.

SEC source: 0000950170-25-075843 · ownership.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 301,114

F2 · shares: Shares withhled to cover taxes related to a restricted stock that vested on May 15, 2025 pursuant to the terms of the restricted stock award made on March 21, 2024.

SEC source: 0000950170-25-075843 · ownership.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 303,279

F1 · shares: Shares withhled to cover taxes related to a restricted stock that vested on May 15, 2025 pursuant to the terms of the restricted stock award made on March 16, 2023.

SEC source: 0000950170-25-045400 · ownership.xml · derivative · entry 4

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,170

Underlying: Common Stock · 9,410 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 29,170 Performance Share Units were granted as a performance award with 12,479 shares granted on March 16, 2023, 8,623 shares granted on March 21, 2024, and 8,068 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.

SEC source: 0000950170-25-045400 · ownership.xml · nonDerivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 304,845

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.

SEC source: 0000950170-25-045400 · ownership.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 306,028

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.

SEC source: 0000950170-25-045400 · ownership.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 308,393

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.

SEC source: 0000950170-25-043157 · ownership.xml · derivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,580

Underlying: Common Stock · 8,068 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 38,580 Performance Share Units were granted as a performance award with 9,410 shares granted on March 24, 2022, 12,479 shares granted on March 16, 2023, 8,623 shares granted on March 21, 2024, and 8,068 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.

SEC source: 0000950170-25-043157 · ownership.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 298,983

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.

SEC source: 0000950170-25-041219 · ownership.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 290,915

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.

SEC source: 0000950170-24-040360 · ownership.xml · derivative · entry 4

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,512

Underlying: Common Stock · 10,990 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 30,512 Performance Share Units were granted as a performance award with 9,410 shares granted on March 24, 2022, 12,479 shares granted on March 16, 2023, and 8,623 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.

SEC source: 0000950170-24-040360 · ownership.xml · nonDerivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 292,731

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.

SEC source: 0000950170-24-040360 · ownership.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 294,111

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.

SEC source: 0000950170-24-040360 · ownership.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 296,870

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.

SEC source: 0000950170-24-036104 · ownership.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 285,880

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.

SEC source: 0000950170-24-036104 · ownership.xml · derivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,502

Underlying: Common Stock · 8,623 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 41,502 Performance Share Units were granted as a performance award with 10,990 shares granted on March 31, 2021, 9,410 shares granted on March 24, 2022, 12,479 shares granted on March 16, 2023, and 8,623 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.

SEC source: 0000950170-24-036104 · ownership.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 287,062

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.

SEC source: 0001209191-23-022944 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 278,438

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.

SEC source: 0001209191-23-020139 · doc4.xml · derivative · entry 6

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,879

Underlying: Common Stock · 26,691 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 32,879 Performance Share Units were granted as a performance award with 10,990 shares granted on March 31, 2021, 9,410 shares granted on March 24, 2022, and 12,479 shares granted on March 16, 2023, 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.

SEC source: 0001209191-23-020139 · doc4.xml · nonDerivative · entry 4

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 279,818

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.

SEC source: 0001209191-23-020139 · doc4.xml · nonDerivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 283,247

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

SEC source: 0001209191-23-020139 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 290,104

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.

SEC source: 0001209191-23-020139 · doc4.xml · derivative · entry 5

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,570

Underlying: Common Stock · 12,479 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.

SEC source: 0001209191-23-020139 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 263,413

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.

SEC source: 0001209191-22-021378 · doc4.xml · derivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,091

Underlying: Common Stock · 9,410 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.

SEC source: 0001209191-22-021378 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 250,934

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.

SEC source: 0001209191-22-020625 · doc4.xml · derivative · entry 5

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,681

Underlying: Common Stock · 12,460 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 performance 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 performance shares award made on March 21, 2019.

F6 · balance_after: The amount of 37,681 performance share units were granted as a performance award, with 26,691 shares granted on March 18, 2020 and 10,990 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.

SEC source: 0001209191-22-020625 · doc4.xml · nonDerivative · entry 4

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 241,523

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 performance shares award made on March 21, 2019.

SEC source: 0001209191-22-020625 · doc4.xml · nonDerivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 229,063

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.

SEC source: 0001209191-22-020625 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 232,247

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.

SEC source: 0001209191-22-020625 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 233,309

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.

SEC source: 0001209191-21-024301 · doc4.xml · derivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,141

Underlying: Common Stock · 10,990 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.

SEC source: 0001209191-21-024301 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 236,719

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.

SEC source: 0001209191-21-022672 · doc4.xml · derivative · entry 5

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,417

Underlying: Common Stock · 12,460 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 performance 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 performance shares award made on March 21, 2018.

F6 · balance_after: The amount of 39,151 performance share units were granted as a performance award, with 12,460 shares granted on March 21, 2019 and 26,691 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.

SEC source: 0001209191-21-022672 · doc4.xml · nonDerivative · entry 4

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 232,241

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 performance shares award made on March 21, 2018.

SEC source: 0001209191-21-022672 · doc4.xml · nonDerivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 228,108

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

SEC source: 0001209191-21-022672 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,772

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.

SEC source: 0001209191-21-022672 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,729

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.

SEC source: 0001209191-21-018536 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 216,644

F1 · price: This amount represents the weigthed avarage purchase price for the transaction on this line, which prices range from $11.07 to $11.16. Upon written request by SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price may be provided.

SEC source: 0001209191-20-020896 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 324,644

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.

SEC source: 0001209191-20-020488 · doc4.xml · derivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,108

Underlying: Common Stock · 26,691 shares

Expires 2023-03-18

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: 0001209191-20-020488 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 325,980

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 18, 2022 and the remaining 50% vesting on year three or March 18, 2023.

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 18, 2022 and the remaining 50% vesting on year three or March 18, 2023.

SEC source: 0001209191-19-021221 · doc4.xml · derivative · entry 3

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,417

Underlying: Common Stock · 12,460 shares

Expires 2022-03-21

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: 0001209191-19-021221 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 299,289

F2 · 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, 2021 and the remaining 50% vesting on year three or March 21, 2022.

F2 · 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, 2021 and the remaining 50% vesting on year three or March 21, 2022.

SEC source: 0001209191-19-021221 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 290,983

F1 · shares: Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2019 pursuant to the terms of the restricted stock award made on March 21, 2017.

SEC source: 0001209191-18-040865 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 297,711

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 $7.65 the closing price of the Issuer's common stock as quoted on the NYSE on June 29, 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: 0001209191-18-040865 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 297,954

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 $7.65 the closing price of the Issuer's common stock as quoted on the NYSE on June 29, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-038960 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 297,075

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 $8.01 the closing price of the Issuer's common stock as quoted on the NYSE on June 20, 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: 0001209191-18-038960 · doc4.xml · nonDerivative · entry 1

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 297,407

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 $8.01 the closing price of the Issuer's common stock as quoted on the NYSE on June 20, 2018, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes.

SEC source: 0001209191-18-036620 · doc4.xml · nonDerivative · entry 2

PANCHAM CASSAN · CIK 0001252709 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,207

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 $8.08 the closing price of the Issuer's common stock as quoted on the NYSE on June 6, 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.