Ellen R. Alemany - 26 May 2022 Form 4 Insider Report for FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)

Role
Vice Chairwoman, Director
Signature
Ellen R. Alemany, By: William R. Lathan, Jr., Attorney-in-fact
Issuer symbol
FCNCA
Transactions as of
26 May 2022
Net transactions value
$0
Form type
4
Filing time
01 Sep 2022, 14:54:14 UTC
Previous filing
26 May 2022
Next filing
12 Aug 2022
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 -1,295 -100% $0.000000* 0 08 Aug 2022 June 2020 GRAT #1 F3
transaction FCNCA Class A Common Gift $0 +1,295 +23% $0.000000 6,959 08 Aug 2022 Family GST Exempt Trust F3
holding FCNCA Class A Common 17,439 26 May 2022 Direct F1, F2, F3
holding FCNCA Class A Common 1,295 26 May 2022 June 2020 GRAT #1 F3
holding FCNCA Class A Common 784 26 May 2022 July 2020 GRAT #1
holding FCNCA Class A Common 3,143 26 May 2022 September 2020 GRAT #2
holding FCNCA Class A Common 1,238 26 May 2022 March 2021 GRAT #1 F1
holding FCNCA Class A Common 7,646 26 May 2022 May 2022 GRAT F2
holding FCNCA Series C Preferred Stock 30,000 26 May 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 25, 2022, 1800 shares of Class A Common Stock were distributed from the reporting person's May 2021 GRAT #1 (the "GRAT," of which she serves as a trustee) to the reporting person and continues to be reported in this Form 4 as directly owned, and the remaining 1,238 shares held by the GRAT continue to be so held and to be reported in this Form 4 as indirectly owned.
F2 On May 26, 2022, the reporting person contributed 7,646 shares of Class A Common Stock held directly by her to a new grantor retained annuity trust (the "May 2022 GRAT," of which she serves as trustee), which shares continue to be reported in this Form 4 as indirectly owned.
F3 In connection with the termination of the reporting person's June 2020 GRAT #1 (the "GRAT," of which she serves as a trustee) on August 8, 2022, 630 shares of Class A Common Stock were distributed to the reporting person and continue to be reported in this Form 4 as directly owned, and the remaining 1,295 shares held by the GRAT were transferred to the Family GST Exempt Trust as the remainder beneficiary and continue to be reported in this Form 4 as indirectly owned.