{"transactions":[{"id":4239293,"issuer":{"id":4027,"kind":"organization","name":"FIRST BANCORP /PR/","symbol":"FBP"},"owners":[{"id":173921,"kind":"organization","name":"Oaktree Principal Fund V (Delaware), L.P.","position":1,"cik":"0001532824","reported_name":"Oaktree Principal Fund V (Delaware), L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":133656,"kind":"organization","name":"Oaktree Fund AIF Series, L.P.","position":2,"cik":"0001532822","reported_name":"Oaktree Fund AIF Series, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":133657,"kind":"organization","name":"Oaktree Fund GP AIF, LLC","position":3,"cik":"0001532818","reported_name":"Oaktree Fund GP AIF, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":133658,"kind":"organization","name":"Oaktree Fund GP III, L.P.","position":4,"cik":"0001532823","reported_name":"Oaktree Fund GP III, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":133659,"kind":"organization","name":"Oaktree AIF Investments, L.P.","position":5,"cik":"0001532820","reported_name":"Oaktree AIF Investments, L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":133660,"kind":"organization","name":"Oaktree AIF Investment GP, LLC","position":6,"cik":"0001532819","reported_name":"Oaktree AIF Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":25969,"kind":"organization","name":"OAKTREE CAPITAL MANAGEMENT LP","position":7,"cik":"0000949509","reported_name":"OAKTREE CAPITAL MANAGEMENT LP","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":106573,"kind":"organization","name":"Oaktree Holdings, Inc.","position":8,"cik":"0001403382","reported_name":"Oaktree Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}},{"id":173922,"kind":"organization","name":"Oaktree FF Investment Fund AIF (Delaware), L.P.","position":9,"cik":"0001532821","reported_name":"Oaktree FF Investment Fund AIF (Delaware), L.P.","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former director and 10% owner"}}],"security":"Common Stock, par value $0.10 per share","published_at":"2017-08-09T21:58:37.000Z","date":"2017-08-07","kind":"sale","acquired":false,"shares":10000000,"price":5.655,"value":56550000.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On August 7, 2017, Oaktree Principal Fund V (Delaware), L.P. (the \"PF V Fund\") sold 8,273,000 shares of Common Stock of the Issuer and Oaktree FF Investment Fund AIF (Delaware), L.P. (the \"AIF Fund\") sold 1,727,000 shares of Common Stock of the Issuer pursuant to the Underwriting Agreement, dated as of August 2, 2017, among Goldman Sachs & Co. LLC, the Issuer and the selling stockholders named therein, including the PF V Fund and the AIF Fund (the \"Sale\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"After giving effect to the Sale, the PF V Fund holds 8,267,689 shares of Common Stock of the Issuer and the AIF Fund holds 1,725,892 shares of Common Stock of the Issuer.  OCM FIE, LLC (\"FIE\") also holds 58,152 shares of Common Stock and restricted stock."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"This Form 4 is being filed by (i) the PF V Fund, (ii) the AIF Fund, (iii) Oaktree Capital Group Holdings GP, LLC (\"OCGH GP\"), in its capacities as manager of Oaktree Capital Group, LLC (\"OCG\") and general partner of Oaktree Capital Group Holdings, L.P. (\"OCGH LP\"), (iv) OCG, in its capacities as managing member of Oaktree Holdings, LLC (\"Oaktree Holdings\") and sole stockholder of Oaktree Holdings, Inc. (\"Holdings\"), (v) Oaktree Holdings, in its capacity as managing member of OCM Holdings I, LLC (\"Oaktree Holdings I\"), (vi) Oaktree Holdings I, in its capacity as general partner of Oaktree Capital I, L.P. (\"Oaktree Capital I\"), (vii) Oaktree Capital I, in its capacity as general partner of Oaktree Fund GP I, L.P. (\"Oaktree Fund GP I\"), (viii) Oaktree Fund GP I, in its capacity as managing member of Oaktree Fund GP, LLC (\"Oaktree Fund GP\"), (ix) Oaktree Fund GP, in its capacity as general partner of the PF V Fund,"},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"(Continued from Footnote 3) (x) OCGH LP in its capacity as controlling shareholder of Oaktree AIF Holdings, Inc. (\"Oaktree AIF Holdings\"), (xi) Oaktree AIF Holdings, in its capacity as general partner of Oaktree AIF Investments, L.P. (\"Oaktree AIF Investments\"), (xii) Oaktree AIF Investments, in its capacity as general partner of Oaktree Fund GP III, L.P. (\"Oaktree GP III\"), (xiii) Oaktree GP III, in its capacity as the managing member of Oaktree Fund GP AIF, LLC (\"Oaktree GP AIF\"), (xiv) Oaktree GP AIF, in its capacity as general partner of Oaktree Fund AIF Series, L.P. - Series I (\"Oaktree AIF\" and, collectively with the PF Fund, the AIF Fund, OCGH GP, OCGH LP, OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I, Oaktree Fund GP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF, Oaktree AIF, FIE and Holdings, the \"Reporting Persons\" and each, a \"Reporting Person\"),"},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F5","text":"(Continued from Footnote 4) (xv) Oaktree AIF, in its capacity as general partner of the AIF Fund, (xvi) FIE, (xvii) Oaktree Capital Management, L.P. (\"OCM\"), in its capacity as the managing member of FIE, and (xviii) Holdings, in its capacity as the general partner of OCM."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F6","text":"OCGH GP may be deemed to have a beneficial ownership interest in the 10,051,733 shares of Common Stock that are held and collectively owned by the PF V Fund, the AIF Fund and FIE.  Each of OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I and Oaktree Fund GP may be deemed to have a beneficial ownership interest in the 8,325,841 shares of Common Stock that are held and collectively owned by the PF V Fund and FIE.  Each of OCG, Holdings and OCM may be deemed to have a beneficial ownership interest in the 58,152 shares of Common Stock that are held by FIE.  Each of OCGH LP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF and Oaktree AIF may be deemed to have a beneficial ownership interest in the 1,725,892 shares of Common Stock that are held by the AIF Fund."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F7","text":"(Continued from Footnote 6) Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.  Each Reporting Person disclaims beneficial ownership of all shares reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any shares covered by this Form 4."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F8","text":"OCGH GP is a limited liability company managed by an executive committee, the members of which are Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank and Sheldon M. Stone (the \"OCGH GP Members\"). In such capacity, the OCGH GP Members may be deemed indirect beneficial owners of the securities reported herein. Except to the extent of their respective pecuniary interest, each OCGH GP Member disclaims beneficial ownership of the securities reported herein and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any securities covered by this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"After giving effect to the Sale, the PF V Fund holds 8,267,689 shares of Common Stock of the Issuer and the AIF Fund holds 1,725,892 shares of Common Stock of the Issuer.  OCM FIE, LLC (\"FIE\") also holds 58,152 shares of Common Stock and restricted stock."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"This Form 4 is being filed by (i) the PF V Fund, (ii) the AIF Fund, (iii) Oaktree Capital Group Holdings GP, LLC (\"OCGH GP\"), in its capacities as manager of Oaktree Capital Group, LLC (\"OCG\") and general partner of Oaktree Capital Group Holdings, L.P. (\"OCGH LP\"), (iv) OCG, in its capacities as managing member of Oaktree Holdings, LLC (\"Oaktree Holdings\") and sole stockholder of Oaktree Holdings, Inc. (\"Holdings\"), (v) Oaktree Holdings, in its capacity as managing member of OCM Holdings I, LLC (\"Oaktree Holdings I\"), (vi) Oaktree Holdings I, in its capacity as general partner of Oaktree Capital I, L.P. (\"Oaktree Capital I\"), (vii) Oaktree Capital I, in its capacity as general partner of Oaktree Fund GP I, L.P. (\"Oaktree Fund GP I\"), (viii) Oaktree Fund GP I, in its capacity as managing member of Oaktree Fund GP, LLC (\"Oaktree Fund GP\"), (ix) Oaktree Fund GP, in its capacity as general partner of the PF V Fund,"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(Continued from Footnote 3) (x) OCGH LP in its capacity as controlling shareholder of Oaktree AIF Holdings, Inc. (\"Oaktree AIF Holdings\"), (xi) Oaktree AIF Holdings, in its capacity as general partner of Oaktree AIF Investments, L.P. (\"Oaktree AIF Investments\"), (xii) Oaktree AIF Investments, in its capacity as general partner of Oaktree Fund GP III, L.P. (\"Oaktree GP III\"), (xiii) Oaktree GP III, in its capacity as the managing member of Oaktree Fund GP AIF, LLC (\"Oaktree GP AIF\"), (xiv) Oaktree GP AIF, in its capacity as general partner of Oaktree Fund AIF Series, L.P. - Series I (\"Oaktree AIF\" and, collectively with the PF Fund, the AIF Fund, OCGH GP, OCGH LP, OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I, Oaktree Fund GP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF, Oaktree AIF, FIE and Holdings, the \"Reporting Persons\" and each, a \"Reporting Person\"),"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"(Continued from Footnote 4) (xv) Oaktree AIF, in its capacity as general partner of the AIF Fund, (xvi) FIE, (xvii) Oaktree Capital Management, L.P. (\"OCM\"), in its capacity as the managing member of FIE, and (xviii) Holdings, in its capacity as the general partner of OCM."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"OCGH GP may be deemed to have a beneficial ownership interest in the 10,051,733 shares of Common Stock that are held and collectively owned by the PF V Fund, the AIF Fund and FIE.  Each of OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I and Oaktree Fund GP may be deemed to have a beneficial ownership interest in the 8,325,841 shares of Common Stock that are held and collectively owned by the PF V Fund and FIE.  Each of OCG, Holdings and OCM may be deemed to have a beneficial ownership interest in the 58,152 shares of Common Stock that are held by FIE.  Each of OCGH LP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF and Oaktree AIF may be deemed to have a beneficial ownership interest in the 1,725,892 shares of Common Stock that are held by the AIF Fund."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"(Continued from Footnote 6) Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.  Each Reporting Person disclaims beneficial ownership of all shares reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any shares covered by this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"OCGH GP is a limited liability company managed by an executive committee, the members of which are Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank and Sheldon M. Stone (the \"OCGH GP Members\"). In such capacity, the OCGH GP Members may be deemed indirect beneficial owners of the securities reported herein. Except to the extent of their respective pecuniary interest, each OCGH GP Member disclaims beneficial ownership of the securities reported herein and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any securities covered by this Form 4."}],"balance_after":10051733,"source":{"system":"sec-edgar","filing":"0000899243-17-019951","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/949509/000089924317019951/doc4.xml","form_type":"4"}},{"id":4460104,"issuer":{"id":4027,"kind":"organization","name":"FIRST BANCORP /PR/","symbol":"FBP"},"owners":[{"id":173921,"kind":"organization","name":"Oaktree Principal Fund V (Delaware), L.P.","position":1,"cik":"0001532824","reported_name":"Oaktree Principal Fund V (Delaware), L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133656,"kind":"organization","name":"Oaktree Fund AIF Series, L.P.","position":2,"cik":"0001532822","reported_name":"Oaktree Fund AIF Series, L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133657,"kind":"organization","name":"Oaktree Fund GP AIF, LLC","position":3,"cik":"0001532818","reported_name":"Oaktree Fund GP AIF, LLC","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133658,"kind":"organization","name":"Oaktree Fund GP III, L.P.","position":4,"cik":"0001532823","reported_name":"Oaktree Fund GP III, L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133659,"kind":"organization","name":"Oaktree AIF Investments, L.P.","position":5,"cik":"0001532820","reported_name":"Oaktree AIF Investments, L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133660,"kind":"organization","name":"Oaktree AIF Investment GP, LLC","position":6,"cik":"0001532819","reported_name":"Oaktree AIF Holdings, Inc.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":25969,"kind":"organization","name":"OAKTREE CAPITAL MANAGEMENT LP","position":7,"cik":"0000949509","reported_name":"OAKTREE CAPITAL MANAGEMENT LP","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":106573,"kind":"organization","name":"Oaktree Holdings, Inc.","position":8,"cik":"0001403382","reported_name":"Oaktree Holdings, Inc.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":173922,"kind":"organization","name":"Oaktree FF Investment Fund AIF (Delaware), L.P.","position":9,"cik":"0001532821","reported_name":"Oaktree FF Investment Fund AIF (Delaware), L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock, par value $0.10 per share","published_at":"2017-02-09T21:59:20.000Z","date":"2017-02-07","kind":"sale","acquired":false,"shares":11500000,"price":6.36,"value":73140000.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On February 7, 2017, Oaktree Principal Fund V (Delaware), L.P. (the \"PF V Fund\") sold 9,513,950 shares of Common Stock of the Issuer and Oaktree FF Investment Fund AIF (Delaware), L.P. (the \"AIF Fund\") sold 1,986,050 shares of Common Stock of the Issuer pursuant to the Underwriting Agreement, dated as of February 1, 2017, among Citigroup Global Markets Inc., UBS Securities LLC, the Issuer and the selling stockholders named therein, including the PF V Fund and the AIF Fund (the \"Sale\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"After giving effect to the Sale, the PF V Fund holds 16,540,689 shares of Common Stock of the Issuer and the AIF Fund holds 3,452,892 shares of Common Stock of the Issuer.  Michael P. Harmon, a Managing Director of Oaktree Capital Management, L.P. (\"OCM\") and a director of First BanCorp., also holds 58,152 shares of Common Stock and restricted stock for the benefit of OCM FIE, LLC (\"FIE\").  Pursuant to the policies of the Reporting Persons (defined below), Mr. Harmon must hold the shares on behalf of and for the benefit of FIE and has assigned all economic, pecuniary and voting rights to FIE."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"This Form 4 is being filed by (i) the PF V Fund, (ii) the AIF Fund, (iii) Oaktree Capital Group Holdings GP, LLC (\"OCGH GP\"), in its capacities as manager of Oaktree Capital Group, LLC (\"OCG\") and general partner of Oaktree Capital Group Holdings, L.P. (\"OCGH LP\"), (iv) OCG, in its capacities as managing member of Oaktree Holdings, LLC (\"Oaktree Holdings\") and sole stockholder of Oaktree Holdings, Inc. (\"Holdings\"), (v) Oaktree Holdings, in its capacity as managing member of OCM Holdings I, LLC (\"Oaktree Holdings I\"), (vi) Oaktree Holdings I, in its capacity as general partner of Oaktree Capital I, L.P. (\"Oaktree Capital I\"), (vii) Oaktree Capital I, in its capacity as general partner of Oaktree Fund GP I, L.P. (\"Oaktree Fund GP I\"), (viii) Oaktree Fund GP I, in its capacity as managing member of Oaktree Fund GP, LLC (\"Oaktree Fund GP\"), (ix) Oaktree Fund GP, in its capacity as general partner of the PF V Fund,"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(Continued from Footnote 3) (x) OCGH LP in its capacity as controlling shareholder of Oaktree AIF Holdings, Inc. (\"Oaktree AIF Holdings\"), (xi) Oaktree AIF Holdings, in its capacity as general partner of Oaktree AIF Investments, L.P. (\"Oaktree AIF Investments\"), (xii) Oaktree AIF Investments, in its capacity as general partner of Oaktree Fund GP III, L.P. (\"Oaktree GP III\"), (xiii) Oaktree GP III, in its capacity as the managing member of Oaktree Fund GP AIF, LLC (\"Oaktree GP AIF\"), (xiv) Oaktree GP AIF, in its capacity as general partner of Oaktree Fund AIF Series, L.P. - Series I (\"Oaktree AIF\" and, collectively with the PF Fund, the AIF Fund, OCGH GP, OCGH LP, OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I, Oaktree Fund GP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF, Oaktree AIF, FIE and Holdings, the \"Reporting Persons\" and each, a \"Reporting Person\"),"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"(Continued from Footnote 4) (xv) Oaktree AIF, in its capacity as general partner of the AIF Fund, (xvi) FIE, (xvii) OCM, in its capacity as the managing member of FIE, and (xviii) Holdings, in its capacity as the general partner of OCM."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"OCGH GP may be deemed to have a beneficial ownership interest in the 20,051,733 shares of Common Stock that are held and collectively owned by the PF V Fund, the AIF Fund and Mr. Harmon.  Each of OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I and Oaktree Fund GP may be deemed to have a beneficial ownership interest in the 16,598,841 shares of Common Stock that are held and collectively owned by the PF V Fund and Mr. Harmon.  Each of OCG, Holdings, OCM and FIE may be deemed to have a beneficial ownership interest in the 58,152 shares of Common Stock that are held by Mr. Harmon.  Each of OCGH LP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF and Oaktree AIF may be deemed to have a beneficial ownership interest in the 3,452,892 shares of Common Stock that are held by the AIF Fund."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"(Continued from Footnote 6) Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.  Each Reporting Person disclaims beneficial ownership of all shares reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any shares covered by this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"The Reporting Persons may be deemed directors by deputization by virtue of their right to designate a representative to be nominated by the Issuer to serve on the Issuer's board of directors."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"OCGH GP is a limited liability company managed by an executive committee, the members of which are Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank, David M. Kirchheimer and Sheldon M. Stone (the \"OCGH GP Members\"). In such capacity, the OCGH GP Members may be deemed indirect beneficial owners of the securities reported herein. Except to the extent of their respective pecuniary interest, each OCGH GP Member disclaims beneficial ownership of the securities reported herein and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any securities covered by this Form 4."}],"balance_after":20051733,"source":{"system":"sec-edgar","filing":"0000899243-17-003270","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/949509/000089924317003270/doc4.xml","form_type":"4"}},{"id":4530279,"issuer":{"id":4027,"kind":"organization","name":"FIRST BANCORP /PR/","symbol":"FBP"},"owners":[{"id":173921,"kind":"organization","name":"Oaktree Principal Fund V (Delaware), L.P.","position":1,"cik":"0001532824","reported_name":"Oaktree Principal Fund V (Delaware), L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":173922,"kind":"organization","name":"Oaktree FF Investment Fund AIF (Delaware), L.P.","position":2,"cik":"0001532821","reported_name":"Oaktree FF Investment Fund AIF (Delaware), L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133656,"kind":"organization","name":"Oaktree Fund AIF Series, L.P.","position":3,"cik":"0001532822","reported_name":"Oaktree Fund AIF Series, L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133657,"kind":"organization","name":"Oaktree Fund GP AIF, LLC","position":4,"cik":"0001532818","reported_name":"Oaktree Fund GP AIF, LLC","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133658,"kind":"organization","name":"Oaktree Fund GP III, L.P.","position":5,"cik":"0001532823","reported_name":"Oaktree Fund GP III, L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133659,"kind":"organization","name":"Oaktree AIF Investments, L.P.","position":6,"cik":"0001532820","reported_name":"Oaktree AIF Investments, L.P.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":133660,"kind":"organization","name":"Oaktree AIF Investment GP, LLC","position":7,"cik":"0001532819","reported_name":"Oaktree AIF Holdings, Inc.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":25969,"kind":"organization","name":"OAKTREE CAPITAL MANAGEMENT LP","position":8,"cik":"0000949509","reported_name":"OAKTREE CAPITAL MANAGEMENT LP","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":106573,"kind":"organization","name":"Oaktree Holdings, Inc.","position":9,"cik":"0001403382","reported_name":"Oaktree Holdings, Inc.","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock, par value $0.10 per share","published_at":"2016-12-08T00:27:07.000Z","date":"2016-12-05","kind":"sale","acquired":false,"shares":10350000,"price":5.362,"value":55496700.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On December 5, 2016, Oaktree Principal Fund V (Delaware), L.P. (the \"PF V Fund\") sold 8,562,555 shares of Common Stock of the Issuer and Oaktree FF Investment Fund AIF (Delaware), L.P. (the \"AIF Fund\") sold 1,787,445 shares of Common Stock of the Issuer pursuant to the Underwriting Agreement, dated as of November 30, 2016, among Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the several underwriters named therein, the Issuer and the selling stockholders named therein, including the PF V Fund and the AIF Fund (the \"Sale\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"After giving effect to the Sale, the PF V Fund holds 26,054,639 shares of Common Stock of the Issuer and the AIF Fund holds 5,438,942 shares of Common Stock of the Issuer.  Michael P. Harmon, a Managing Director of Oaktree Capital Management, L.P. (\"OCM\") and a director of First BanCorp., also holds 58,152 shares of Common Stock and restricted stock for the benefit of OCM FIE, LLC (\"FIE\").  Pursuant to the policies of the Reporting Persons (defined below), Mr. Harmon must hold the shares on behalf of and for the benefit of FIE and has assigned all economic, pecuniary and voting rights to FIE."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"This Form 4 is being filed by (i) the PF V Fund, (ii) the AIF Fund, (iii) Oaktree Capital Group Holdings GP, LLC (\"OCGH GP\"), in its capacities as manager of Oaktree Capital Group, LLC (\"OCG\") and general partner of Oaktree Capital Group Holdings, L.P. (\"OCGH LP\"), (iv) OCG, in its capacities as managing member of Oaktree Holdings, LLC (\"Oaktree Holdings\") and sole stockholder of Oaktree Holdings, Inc. (\"Holdings\"), (v) Oaktree Holdings, in its capacity as managing member of OCM Holdings I, LLC (\"Oaktree Holdings I\"), (vi) Oaktree Holdings I, in its capacity as general partner of Oaktree Capital I, L.P. (\"Oaktree Capital I\"), (vii) Oaktree Capital I, in its capacity as general partner of Oaktree Fund GP I, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"(\"Oaktree Fund GP I\"), (viii) Oaktree Fund GP I, in its capacity as managing member of Oaktree Fund GP, LLC (\"Oaktree Fund GP\"), (ix) Oaktree Fund GP, in its capacity as general partner of the PF V Fund, (x) OCGH LP in its capacity as controlling shareholder of Oaktree AIF Holdings, Inc. (\"Oaktree AIF Holdings\"), (xi) Oaktree AIF Holdings, in its capacity as general partner of Oaktree AIF Investments, L.P. (\"Oaktree AIF Investments\"), (xii) Oaktree AIF Investments, in its capacity as general partner of Oaktree Fund GP III, L.P."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"(\"Oaktree GP III\"), (xiii) Oaktree GP III, in its capacity as the managing member of Oaktree Fund GP AIF, LLC (\"Oaktree GP AIF\"), (xiv) Oaktree GP AIF, in its capacity as general partner of Oaktree Fund AIF Series, L.P. - Series I (\"Oaktree AIF\" and, collectively with the PF Fund, the AIF Fund, OCGH GP, OCGH LP, OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I, Oaktree Fund GP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF, Oaktree AIF, FIE and Holdings, the \"Reporting Persons\" and each, a \"Reporting Person\"), (xv) Oaktree AIF, in its capacity as general partner of the AIF Fund, (xvi) FIE, (xvii) OCM, in its capacity as the managing member of FIE, and (xviii) Holdings, in its capacity as the general partner of OCM."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F6","text":"OCGH GP may be deemed to have a beneficial ownership interest in the 31,551,733 shares of Common Stock that are held and collectively owned by the PF V Fund, the AIF Fund and Mr. Harmon.  Each of OCG, Oaktree Holdings, Oaktree Holdings I, Oaktree Capital I, Oaktree Fund GP I and Oaktree Fund GP may be deemed to have a beneficial ownership interest in the 26,112,791 shares of Common Stock that are held and collectively owned by the PF V Fund and Mr. Harmon.  Each of OCG, Holdings, OCM and FIE may be deemed to have a beneficial ownership interest in the 58,152 shares of Common Stock that are held by Mr. Harmon.  Each of OCGH LP, Oaktree AIF Holdings, Oaktree AIF Investments, Oaktree GP III, Oaktree GP AIF and Oaktree AIF may be deemed to have a beneficial ownership interest in the 5,438,942 shares of Common Stock that are held by the AIF Fund."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F7","text":"Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.  Each Reporting Person disclaims beneficial ownership of all shares reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any shares covered by this Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F8","text":"The Reporting Persons may be deemed directors by deputization by virtue of their right to designate a representative to be nominated by the Issuer to serve on the Issuer's board of directors."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F9","text":"OCGH GP is a limited liability company managed by an executive committee, the members of which are Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank, David M. Kirchheimer, Sheldon M. Stone and Stephen A. Kaplan (the \"OCGH GP Members\"). In such capacity, the OCGH GP Members may be deemed indirect beneficial owners of the securities reported herein. Except to the extent of their respective pecuniary interest, each OCGH GP Member disclaims beneficial ownership of the securities reported herein and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any securities covered by this Form 4."}],"balance_after":31551733,"source":{"system":"sec-edgar","filing":"0001104659-16-161070","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/949509/000110465916161070/a4.xml","form_type":"4"}}]}