FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   OCM FIE, LLC 2. Date of Event Requiring Statement (Month/Day/Year) 08/02/2012 3. Issuer Name and Ticker or Trading Symbol FIRST BANCORP /PR/ [FBP] (Last) (First) (Middle) C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) __X__ Other (specify below) See Footnotes 1 and 2 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) LOS ANGELES, CA 90071 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock, par value $0.10 per share 7,485 I See Footnote (1) (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
OCM FIE, LLC C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES, CA 90071	Â	Â	Â	See Footnotes 1 and 2

Signatures

OCM FIE, LLC		08/06/2012
**Signature of Reporting Person		Date
By: Oaktree Fund GP, LLC, its manager		08/06/2012
**Signature of Reporting Person		Date
By: Oaktree Fund GP I, L.P., its managing member		08/06/2012
**Signature of Reporting Person		Date
By: /s/ Richard Ting Name: Richard Ting Title: Authorized Signatory		08/06/2012
**Signature of Reporting Person		Date
By: /s/ Martin Boskovich Name: Martin Boskovich Title: Authorized Signatory		08/06/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This Form 3 is being filed by OCM FIE, LLC ("FIE"), in its capacity as the assignee of all economic, pecuniary and voting rights to 7,485 shares of restricted stock granted on August 2, 2012 to Michael P. Harmon, a Managing Director of Oaktree Capital Management, L.P. and a director of First Bancorp. Mr. Harmon holds these 7,485 shares of restricted stock for the benefit of FIE. Pursuant to Oaktree's policies, Mr. Harmon must hold the shares on behalf of and for the benefit of FIE and is assigning all economic, pecuniary and voting rights to FIE.
(2)	The restricted stock will fully vest on August 2, 2013 and was issued pursuant to the First Bancorp 2008 Omnibus Incentive Plan. Concurrently with the filing of this Form 3, a Form 4 is being filed on the date hereof for (i) Oaktree Fund GP, LLC ("GP"), in its capacity as the managing member of FIE, (ii) Oaktree Fund GP I, L.P. ("GP I"), in its capacity as the managing member of GP; (iii) Oaktree Capital I, L.P. ("Capital I"), in its capacity as the general partner of GP I; (iv) OCM Holdings I, LLC ("Holdings I"), in its capacity as the general partner of Capital I; (v) Oaktree Holdings, LLC ("Holdings"), in its capacity as the managing member of Holdings I; (vi) Oaktree Capital Group, LLC ("OCG"), in its capacity as the managing member of Holdings; and (vii) Oaktree Capital Group Holdings GP, LLC ("OCGH GP"), in its capacity as manager of OCG.

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