SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol FIRST CITIZENS BANCSHARES INC /DE/ [ FCNCA ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 05/24/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common | 30,000(1) | I | By Spouse | |||||||
Class A Common | 14,500(1) | I | As trustee for Claire Holding Bristow 2018 Irrevocable Family Trust | |||||||
Class A Common | 8,868 | I | As Trustee for Peter M. Bristow 2nd Amended and Restated Trust | |||||||
Class A Common | 321,813(1)(2) | I | Claire Holding Bristow 2nd Amended and Restated Trust | |||||||
Class A Common | 42,078(2) | I | Claire H. Bristow 2020 GRAT | |||||||
Class A Common | 05/26/2022 | G | 42,078 | D | $0.00 | 0(1)(2) | I | Claire H. Bristow 2020 GRAT | ||
Class A Common | 05/26/2022 | G | 42,078 | A | $0.00 | 42,078(1)(2) | I | As Trustee for Claire H. Bristow 2020 GRAT Family Trust | ||
Class A Common | 12,152(1) | I | Spouse as co-trustee for Peter McDonald Bristow 2019 Irrevocable Family Trust | |||||||
Class A Common | 10,858(1) | I | Spouse as beneficiary of trust | |||||||
Class A Common | 15,145 | I | By daughter Ella Bristow | |||||||
Class A Common | 6,106(1) | I | PMB Investments, LLC | |||||||
Class A Common | 2,154(1) | I | CRB Investments, LLC | |||||||
Class A Common | 2,045(1) | I | EHB Investments, LLC | |||||||
Class A Common | 19,041(1) | I | As trustee for PMB Trust 2011 | |||||||
Class A Common | 19,041(1) | I | As trustee for CRB Trust 2011 | |||||||
Class A Common | 19,041(1) | I | As trustee for EHB Trust 2011 | |||||||
Class B Common | 538 | I | As Trustee for Peter M. Bristow 2nd Amended and Restated Trust | |||||||
Class B Common | 43,786(1) | I | Claire Holding Bristow 2nd Amended and Restated Trust | |||||||
Class B Common | 05/26/2022 | G | 40,014 | D | $0.00 | 0(1)(3) | I | Claire H. Bristow 2020 GRAT | ||
Class B Common | 05/26/2022 | G | 40,014 | A | $0.00 | 40,014(1)(3) | I | As Trustee for Claire H. Bristow 2020 GRAT Family Trust | ||
Class B Common | 1,250(1) | I | Spouse as beneficiary of Trust | |||||||
Class B Common | 8,350(1) | I | PMB Investments, LLC | |||||||
Class B Common | 8,850(1) | I | CRB Investments, LLC | |||||||
Class B Common | 8,710(1) | I | EHB Investments, LLC | |||||||
Class B Common | 2,295(1) | I | By daughter, Ella Bristow | |||||||
Depositary Shares(4) | 41,285(1) | I | Claire Holding Bristow 2nd Amended and Restated Trust |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose. |
2. In connection with the termination of the Claire H. Bristow 2020 grantor retained annuity trust (the "GRAT") on May 24, 2022, 39,668 shares of Class A Common Stock were distributed to the Claire H. Bristow 2nd Amended and Restated Trust, and on May 26, 2022, the remaining 42,078 shares of Class A Common Stock previously held by the GRAT were distributed by gift to the Reporting Person as Trustee of the Claire H. Bristow 2020 GRAT Family Trust. All shares continue to be reported on this Form 4 as indirectly owned. |
3. In connection with the termination of the Claire H. Bristow 2020 grantor retained annuity trust (the "GRAT"), on May 26, 2022, 40,014 shares of Class B Common Stock were distributed by gift to the Reporting Person as Trustee of the Claire H. Bristow 2020 GRAT Family Trust and continue to be reported on this Form 4 as indirectly owned. |
4. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A. |
Remarks: |
Peter M. Bristow, By: E. Knox Proctor V, Attorney-in-fact | 07/29/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |