Ellen R. Alemany - 15 Jun 2023 Form 4 Insider Report for FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)

Signature
Ellen R. Alemany, By: E. Knox Proctor V, Attorney-in-fact
Issuer symbol
FCNCA
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
16 Jun 2023, 14:43:40 UTC
Previous filing
26 May 2023
Next filing
19 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCNCA Class A Common Gift $0 -188 -100% $0.000000* 0 15 Jun 2023 March 2021 GRAT #1 F2
transaction FCNCA Class A Common Gift $0 +188 +1.9% $0.000000 10,294 15 Jun 2023 Family GST Exempt Trust F2
holding FCNCA Class A Common 18,597 15 Jun 2023 Direct F1, F2
holding FCNCA Class A Common 5,757 15 Jun 2023 May 2022 GRAT F1
holding FCNCA Series C Preferred Stock 30,000 15 Jun 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 14 and June 15, 2023, 1,875 shares and 14 shares, respectively, of Class A Common Stock were distributed from the reporting person's May 2022 GRAT (the "GRAT," of which she serves as a trustee) to the reporting person and are now reported in this Form 4 as directly owned, and the remaining 5,757 shares held by the GRAT continue to be so held and to be reported in this Form 4 as indirectly owned.
F2 In connection with the termination of the reporting person's March 2021 GRAT #1 (the "GRAT," of which she serves as a trustee) on June 14, 2023, 1,050 shares of Class A Common Stock were distributed to the reporting person and are now reported in this Form 4 as directly owned, and on June 15, 2023, the remaining 188 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.