X0306 4 2017-03-21 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 2017-03-21 4 A 0 85027 5.41 A 672754 D 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 two year period on March 21, 2019. Notwithstanding vesting, the reporting person will be restricted from transferring the shares pursuant to additional TARP related restrictions. /s/Orlando Berges 2017-03-23