Odell Lawrence 4
4 · FIRST BANCORP /PR/ · Filed Jun 21, 2018
Insider Transaction Report
Form 4
Odell Lawrence
EVP and General Counsel
Transactions
- Tax Payment
First BanCorp Common Stock, par value $0.10 per share.
2018-06-20$8.01/sh−175$1,402→ 190,000 total - Award
First BanCorp Common Stock, par value $0.10 per share.
2018-06-20$8.01/sh+576$4,614→ 190,175 total
Holdings
- 1,333(indirect: By Children)
First BanCorp Common Stock, par value $0.10 per share.
Footnotes (2)
- [F1]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]1,333 shares were acquired for the benefit of the reporting person's children.