Claire H. Bristow - May 24, 2022 Form 4 Insider Report for FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)

Role
10%+ Owner
Signature
Claire H. Bristow, By: E. Knox Proctor V, Attorney-in-Fact
Stock symbol
FCNCA
Transactions as of
May 24, 2022
Transactions value $
$0
Form type
4
Date filed
7/29/2022, 03:42 PM
Previous filing
Jun 7, 2022
Next filing
Jan 4, 2023

Transactions Table

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 reporting person's revocable trust and continue to be reported on this Form 4 as indirectly owned, 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 Peter M. Bristow as Trustee of the Claire H. Bristow 2020 GRAT Family Trust.
F2 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.
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 Peter M. Bristow as Trustee of the Claire H. Bristow 2020 GRAT Family Trust.
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.