X0306 4 2015-03-20 0 0001057706 FIRST BANCORP /PR/ FBP 0001464458 Berges Gonzalez Orlando P.O. BOX 9146 SAN JUAN PR 00908-0146 PUERTO RICO 0 1 0 0 EVP and CFO First BanCorp Common Stock 2015-03-20 4 A 0 72327 6.36 A 324344 D Issued pursuant to the First BanCorp 2008 Omnibus Incentive Plan, as amended. The shares will vest as follow: fifty percent (50%) of the shares will vest on the second anniversary date of the grant and the remaining fifty percent (50%) will vest on the third anniversary date of the grant. Notwithstanding vesting, the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions. /s/Orlando Berges 2015-03-24