Form 4 for FCNCA FIRST CITIZENS BANCSHARES INC /DE/

Accepted 2022-01-05 00:00:00 ET · period of report 2022-01-03 · accession 0001209191-22-001394 · 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
	2022-01-05	2022-01-03	FCNCA	HARNEY MARISA	Chief Credit Off	A - Grant	—	+1,816	1,816	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common	2022-01-03	A	A	1,816	—	1,816	D	—	—	(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) 7,670.7830 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 21,585.8570 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.