X0306 4 2018-06-06 0 0001057706 FIRST BANCORP /PR/ FBP 0001180593 ALEMAN AURELIO P.O. BOX 9146 SAN JUAN PR 00908-0146 PUERTO RICO 1 1 0 0 President and CEO First BanCorp Common Stock, par value $0.10 per share. 2018-06-06 4 A 0 5204 8.08 A 1062544 D First BanCorp Common Stock, par value $0.10 per share. 2018-06-06 4 F 0 2082 8.08 D 1060462 D First BanCorp Common Stock, par value $0.10 per share. 2018-06-07 4 D 0 50000 8.0504 D 1010462 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 $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. This amount represents the weighted average purchase price for the transaction on this line, which prices range from $7.9861 to $8.0644. 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. /s/Aurelio Aleman 2018-06-08