BRISTOW PETER M - 24 May 2022 Form 4 Insider Report for FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)

Role
President, Director, 10%+ Owner
Signature
Peter M. Bristow, By: E. Knox Proctor V, Attorney-in-fact
Issuer symbol
FCNCA
Transactions as of
24 May 2022
Net transactions value
$0
Form type
4
Filing time
29 Jul 2022, 15:39:15 UTC
Previous filing
07 Jun 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCNCA Class A Common Gift $0 -42,078 -100% $0.000000* 0 26 May 2022 Claire H. Bristow 2020 GRAT F1, F2
transaction FCNCA Class A Common Gift $0 +42,078 $0.000000 42,078 26 May 2022 As Trustee for Claire H. Bristow 2020 GRAT Family Trust F1, F2
transaction FCNCA Class B Common Gift $0 -40,014 -100% $0.000000* 0 26 May 2022 Claire H. Bristow 2020 GRAT F1, F3
transaction FCNCA Class B Common Gift $0 +40,014 $0.000000 40,014 26 May 2022 As Trustee for Claire H. Bristow 2020 GRAT Family Trust F1, F3
holding FCNCA Class A Common 30,000 24 May 2022 By Spouse F1
holding FCNCA Class A Common 14,500 24 May 2022 As trustee for Claire Holding Bristow 2018 Irrevocable Family Trust F1
holding FCNCA Class A Common 8,868 24 May 2022 As Trustee for Peter M. Bristow 2nd Amended and Restated Trust
holding FCNCA Class A Common 321,813 24 May 2022 Claire Holding Bristow 2nd Amended and Restated Trust F1, F2
holding FCNCA Class A Common 42,078 24 May 2022 Claire H. Bristow 2020 GRAT F2
holding FCNCA Class A Common 12,152 24 May 2022 Spouse as co-trustee for Peter McDonald Bristow 2019 Irrevocable Family Trust F1
holding FCNCA Class A Common 10,858 24 May 2022 Spouse as beneficiary of trust F1
holding FCNCA Class A Common 15,145 24 May 2022 By daughter Ella Bristow
holding FCNCA Class A Common 6,106 24 May 2022 PMB Investments, LLC F1
holding FCNCA Class A Common 2,154 24 May 2022 CRB Investments, LLC F1
holding FCNCA Class A Common 2,045 24 May 2022 EHB Investments, LLC F1
holding FCNCA Class A Common 19,041 24 May 2022 As trustee for PMB Trust 2011 F1
holding FCNCA Class A Common 19,041 24 May 2022 As trustee for CRB Trust 2011 F1
holding FCNCA Class A Common 19,041 24 May 2022 As trustee for EHB Trust 2011 F1
holding FCNCA Class B Common 538 24 May 2022 As Trustee for Peter M. Bristow 2nd Amended and Restated Trust
holding FCNCA Class B Common 43,786 24 May 2022 Claire Holding Bristow 2nd Amended and Restated Trust F1
holding FCNCA Class B Common 1,250 24 May 2022 Spouse as beneficiary of Trust F1
holding FCNCA Class B Common 8,350 24 May 2022 PMB Investments, LLC F1
holding FCNCA Class B Common 8,850 24 May 2022 CRB Investments, LLC F1
holding FCNCA Class B Common 8,710 24 May 2022 EHB Investments, LLC F1
holding FCNCA Class B Common 2,295 24 May 2022 By daughter, Ella Bristow F1
holding FCNCA Depositary Shares 41,285 24 May 2022 Claire Holding Bristow 2nd Amended and Restated Trust F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.