Filing Details

Accession Number:
0001140361-17-030839
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-08-09 16:32:20
Reporting Period:
2017-08-07
Filing Date:
2017-08-09
Accepted Time:
2017-08-09 16:32:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1057706 First Bancorp FBP State Commercial Banks (6022) 660561882
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1576791 D Joshua Bresler C/O Thomas H. Lee Partners, L.p.
100 Federal Street, 35Th Floor
Boston MA 02110
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-08-07 10,000,000 $5.66 10,028,702 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,644 Direct
Footnotes
  1. Shares represent aggregate holdings of THL FBC Equity Investors, L.P. ("FBC Fund"), Thomas H. Lee (Alternative) Fund VI, L.P. ("Fund VI"), Thomas H. Lee (Alternative) Parallel Fund VI, L.P. ("Parallel Fund VI"), Thomas H. Lee (Alternative) Parallel (DT) Fund VI ("DT Fund VI"; together with FBC Fund, Fund VI and Parallel Fund VI, the "Funds") and THL Managers VI, LLC ("Managers VI").
  2. Represents shares of the Issuer sold by the following entities: 126,305 shares sold by FBC Fund; 5,499,346 shares sold by Fund VI; 3,723,865 shares sold by Parallel Fund VI; and 650,484 shares sold by DT Fund VI.
  3. The Reporting Person holds an interest in Thomas H. Lee Advisors (Alternative) VI, Ltd., which is the general partner of THL Advisors (Alternative) VI, L.P., which is the general partner of the Funds. The Reporting Person is also a Managing Director of Thomas H. Lee Partners, L.P., which is the managing member of Managers VI. Therefore, the Reporting Person may be deemed to beneficially own the shares of the Issuer owned directly by the Funds and Managers VI. The Reporting Person disclaims beneficial ownership of all shares of the Issuer except to the extent of his pecuniary interest.
  4. This amount represents the $5.655 price per share (after the deduction of the underwriters' discount) of the Issuer's common stock purchased by the underwriters.
  5. Pursuant to the operative agreements among certain of the Funds, any securities issued to persons serving as directors of portfolio companies of the Funds, such as the Issuer, are to be held for the benefit of the Funds.