4//SEC Filing
NEVARES LA COSTA HECTOR M 4
Accession 0001191692-10-000001
CIK 0001057706other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 6:38 PM ET
Size
12.6 KB
Accession
0001191692-10-000001
Insider Transaction Report
Form 4
NEVARES LA COSTA HECTOR M
Director
Transactions
- Disposition to Issuer
First BanCorp Series C Preferred Stock
2010-08-30−22,000→ 0 total - Disposition to Issuer
First BanCorp Series D Preferred Stock
2010-08-30−76,400→ 0 total - Award
First BanCorp Common Stock
2010-08-30+1,884,209→ 2,461,146 total - Disposition to Issuer
First BanCorp Series A Preferred Stock
2010-08-30−10,000→ 0 total - Disposition to Issuer
First BanCorp Series B Preferred Stock
2010-08-30−53,300→ 0 total
Holdings
- 25,000(indirect: By family)
First BanCorp Common Stock
Footnotes (3)
- [F1]1,884,209 shares of Common Stock were issued to the Reporting Person in exchange for 10,000 shares of Series A Preferred Stock, 53,300 shares of Series B Preferred Stock, 22,000 shares of Series C Preferred Stock and 76,400 shares of Series D Preferred Stock pursuant to the Issuer's Exchange Offer. The transactions reported on this Form 4 were approved by the Issuer's Board of Directors as a part of its approval of the offer made to issue shares of Common Stock in exchange for the outstanding shares of Series A through E Preferred Stock in its recently completed Exchange Offer.
- [F2]Includes shares of restricted stock grants: 1,342 vested on December 1, 2009, 1,342 vests on December 1, 2010, and 1,343 on December 1, 2011.
- [F3]These shares are held on a trust for the benefit of the Reporting Person's children.
Documents
Issuer
FIRST BANCORP /PR/
CIK 0001057706
Entity typeother
Related Parties
1- filerCIK 0001191692
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 6:38 PM ET
- Size
- 12.6 KB