Vice Chairwoman Bryant Hope Holding gifted 69,427 units of Class A Common and gifted 7,040 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) 08/16/2024 | ||||||||||||||||||||||||||
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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 | 08/16/2024 | G | 69,427 | D | $0 | 0(1) | I | Hope H. Bryant 2022 GRAT | ||
| Class B Common | 08/16/2024 | G | 7,040 | D | $0 | 0(1) | I | By Hope H. Bryant 2022 GRAT | ||
| Class A Common | 108,725 | D | ||||||||
| Class A Common | 129,348 | I | Hope H. Bryant 2023 GRAT | |||||||
| Class A Common | 57,241(1) | I | Revocable Trust for Hope H. Bryant | |||||||
| Class A Common | 10,772 | I | As beneficiary of a trust | |||||||
| Class A Common | 827 | I(2) | By E&F Properties, Inc. | |||||||
| Class A Common | 12,530 | I(2) | By Twin States Farming, Inc. | |||||||
| Class A Common | 192,063 | I(2) | By Southern BancShares (N.C.), Inc. and subsidiary | |||||||
| Class A Common | 100,000 | I(2) | By Fidelity BancShares (N.C.), Inc. | |||||||
| Class B Common | 17 | D | ||||||||
| Class B Common | 7,442 | I | By Hope H. Bryant 2023 GRAT | |||||||
| Class B Common | 1,978 | I | By Hope H. Bryant Revocable Trust | |||||||
| Class B Common | 1,225 | I | As beneficiary of trust | |||||||
| Class B Common | 96 | I(4) | By Spouse | |||||||
| Class B Common | 200 | I(2) | By E&F Properties, Inc. | |||||||
| Class B Common | 1,355 | I(2) | By Twin States Farming, Inc. | |||||||
| Class B Common | 22,619 | I(2) | By Southern BancShares (N.C.), Inc. | |||||||
| Depositary Shares(3) | 12,000 | I | Revocable Trust for Hope H. Bryant | |||||||
| Depositary Shares(3) | 198,945 | I(2) | By Southern BancShares (N.C.), Inc. | |||||||
| Depositary Shares(3) | 200,000 | I(2) | By Fidelity BancShares (N.C.), Inc. | |||||||
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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. In connection with the termination of the Hope H. Bryant 2022 grantor retained annuity trust (the "GRAT") on July 14, 2024, 23,120 shares of Class A Common Stock were distributed to the reporting person's revocable trust and continue to be reported in this Form 4 as indirectly owned. The remaining 69,427 Class A shares and 7,040 Class B shares previously held by the GRAT were transferred to the reporting person's adult children. |
| 2. The reporting person is a director, officer, manager and/or shareholder of the companies that own these shares, but she disclaims beneficial ownership of the listed shares except to the extent of her pecuniary interest therein, if any, 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. |
| 3. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A. |
| 4. 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. |
| Hope H. Bryant, By: E. Knox Proctor V, Attorney-in-fact | 08/19/2024 | |
| ** 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. | ||