Form 4 for FCNCA FIRST CITIZENS BANCSHARES INC /DE/
Accepted 2022-01-05 00:00:00 ET · period of report 2022-01-03 · accession 0001209191-22-001385 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-01-05 | 2022-01-03 | FCNCA | Alemany Ellen R | Vice COB, Dir | A - Grant | — | +52.4K | 22.4K | New | — |
| MI | 2022-01-05 | 2022-01-03 | FCNCA | Alemany Ellen R | Vice COB, Dir | A - Grant | — | +16.5K | 3,038 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series C Preferred Stock | 2022-01-03 | A | A | 30,000 | — | 30,000 | D | — | — | (F7) Received in connection with the Merger in exchange for 30,000 shares of CIT Series B Preferred Stock. |
| 2 | Common | Class A Common | 2022-01-03 | A | A | 784 | — | 784 | I June 2020 GRAT #1 | — | — | (F2) Received in connection with the Merger in exchange for 12,655 shares of CIT common stock. |
| 3 | Common | Class A Common | 2022-01-03 | A | A | 1,925 | — | 1,925 | I March 2020 GRAT #1 | — | — | (F3) Received in connection with the Merger in exchange for 31,050 shares of CIT common stock. |
| 4 | Common | Class A Common | 2022-01-03 | A | A | 7,564 | — | 7,564 | I September 2020 GRAT #2 | — | — | (F4) Received in connection with the Merger in exchange for 122,000 shares of CIT common stock. |
| 5 | Common | Class A Common | 2022-01-03 | A | A | 3,143 | — | 3,143 | I March 2021 GRAT #1 | — | — | (F5) Received in connection with the Merger in exchange for 50,700 shares of CIT common stock. |
| 6 | Common | Class A Common | 2022-01-03 | A | A | 3,038 | — | 3,038 | I | — | — | (F6) Received in connection with the Merger in exchange for 49,000 shares of CIT common stock. |
| 7 | Common | Class A Common | 2022-01-03 | A | A | 22,433 | — | 22,433 | D July 2020 GRAT #1 | — | — | (F1) Received in connection with the merger of CIT Group Inc. ("CIT") into the Issuer, effective January 3, 2022 (the "Merger"), based on the Merger exchange ratio, in exchange for (i) 37,965.7200 shares of CIT common stock which were converted into shares of the Issuer's Class A common stock, and (ii) outstanding Restricted Stock Units ("RSUs") previously representing the right to receive, upon vesting, an aggregate of 323,826.6080 shares of CIT common stock which were converted into RSUs representing the right to receive an adjusted number of shares of the Issuer's Class A common stock and having vesting terms consistent with the terms of the RSUs for which they were exchanged. On the effective date of the Merger, the closing price of CIT common stock was $53.50, and the closing price of the Issuer's Class A common stock was $859.76. |