4//SEC Filing
Odell Lawrence 4
Accession 0001209191-21-024293
CIK 0001057706other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 7:45 PM ET
Size
8.4 KB
Accession
0001209191-21-024293
Insider Transaction Report
Form 4
Odell Lawrence
EVP and General Counsel
Transactions
- Award
First BanCorp Common Stock
2021-03-31$11.26/sh+9,769$109,999→ 211,649 total - Award
Performance Share Unit
2021-03-31+9,769→ 44,966 totalExp: 2024-03-31→ Common Stock (9,769 underlying)
Holdings
- 1,333(indirect: By Children)
First BanCorp Common Stock
Footnotes (3)
- [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 31, 2023 and the remaining 50% vesting on year three or March 31, 2024.
- [F2]1,333 shares were acquired for the benefit of the reporting person's children.
- [F3]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.
Documents
Issuer
FIRST BANCORP /PR/
CIK 0001057706
Entity typeother
Related Parties
1- filerCIK 0001354500
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 7:45 PM ET
- Size
- 8.4 KB