X0306 4 2019-03-21 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, par value $0.10 per share. 2019-03-21 4 F 0 15030 11.16 D 361320 D First BanCorp Common Stock, par value $0.10 per share. 2019-03-21 4 A 0 10839 A 372159 D Performance Share Unit 2019-03-21 4 A 0 16257 0.00 A 2022-03-21 Common Stock 16257 41849 D Shares withheld to cover taxes related to a restricted stock that vested on March 21, 2019 pursuant to the terms of the restricted stock award made on March 21, 2017. 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 21, 2021 and the remaining 50% vesting on year three or March 21, 2022. 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. /s/Orlando Berges 2019-03-25