Large owner Brice Carson H gifted 210,578 units of Class A Common, received a gift of 210,578 units of Class A Common, gifted 8,949 units of Class B Common and received a gift of 8,949 units of Class B Common (SEC Form 4)
$FCNCA
Major Banks
Finance
| 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). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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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) 10/17/2024 | ||||||||||||||||||||||||||
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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 | 10/17/2024 | G | 210,578 | D | $0 | 0(1) | I | Carson H. Brice October 2022 GRAT | ||
| Class A Common | 10/17/2024 | G | 70,194 | A | $0 | 99,030 | I(2) | Brice Trust fbo Stephen B. Brice | ||
| Class A Common | 10/17/2024 | G | 70,192 | A | $0 | 99,629 | I(2) | Brice Trust fbo Elizabeth M. Brice | ||
| Class A Common | 10/17/2024 | G | 70,192 | A | $0 | 99,629 | I(2) | Brice Trust fbo Cordelia A. Brice | ||
| Class B Common | 10/17/2024 | G | 8,949 | D | $0 | 0 | I | Carson H. Brice October 2022 GRAT | ||
| Class B Common | 10/17/2024 | G | 2,983 | A | $0 | 4,389 | I(2) | Brice Trust fbo Stephen B. Brice | ||
| Class B Common | 10/17/2024 | G | 2,983 | A | $0 | 4,471 | I(2) | Brice Trust fbo Elizabeth M. Brice | ||
| Class B Common | 10/17/2024 | G | 2,983 | A | $0 | 4,471 | I(2) | Brice Trust fbo Cordelia A. Brice | ||
| Class A Common | 236,529(1) | I | Carson Holding Brice Revocable Trust | |||||||
| Class A Common | 430 | I(3) | By Spouse | |||||||
| Class A Common | 16,890 | I(3) | As custodian for Stephen Brice | |||||||
| Class A Common | 16,289 | I(3) | As custodian for Cordelia Brice | |||||||
| Class A Common | 16,289 | I(3) | As custodian for Elizabeth Brice | |||||||
| Class A Common | 10,652 | I | As beneficiary of a trust | |||||||
| Class B Common | 99,635 | D | ||||||||
| Class B Common | 563 | I(3) | By Spouse | |||||||
| Class B Common | 2,347 | I(3) | As custodian for Stephen Brice | |||||||
| Class B Common | 2,348 | I(3) | As custodian for Elizabeth Brice | |||||||
| Class B Common | 2,348 | I(3) | As cusodian for Cordelia Brice | |||||||
| Class B Common | 1,250 | I | As beneficiary of a trust | |||||||
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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. On October 16, 2024, 105,500 shares of Class A Common stock were distributed from the reporting person's 2022 GRAT (of which she serves as trustee) to the reporting person's revocable trust (of which she serves as trustee) and continue to be reported in this Form 4 as indirectly owned. |
| 2. The listed shares are held by a trust for the benefit of the Reporting Person's children. The Reporting person does not serve as trustee of or have or share investment control over the Issuer's shares held by the trust, she disclaims beneficial ownership of the shares held by the trust, and this report shall not be deemed an admission that the Reporting Perrson is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose. |
| 3. 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. |
| Carson H. Brice, By: E. Knox Proctor V , Attorney-in-fact | 10/18/2024 | |
| ** 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. | ||