X0306 4 2017-08-16 0 0001057706 FIRST BANCORP /PR/ FBP 0001223106 MARTINO EMILIO P.O. BOX 9146 SAN JUAN PR 00908-0146 PUERTO RICO 0 1 0 0 EVP and CLO First BanCorp Common Stock 2017-08-16 4 A 0 1024 5.63 A 195864 D First BanCorp Common Stock 2017-08-16 4 F 0 288 5.63 D 195576 D 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 $5.63 (the closing price of the Issuer's common stock as quoted on the NYSE on August 16, 2017, the last trading day of the pay period). The shares reported as disposed of were withheld for taxes. Includes 4,108 shares purchased through the Employee Purchase Plan. /s/Emilio Martino 2017-08-18