Sec Form 4 Filing - HOLDING FRANK B @ FIRST CITIZENS BANCSHARES INC /DE/ - 2015-04-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HOLDING FRANK B
2. Issuer Name and Ticker or Trading Symbol
FIRST CITIZENS BANCSHARES INC /DE/ [ FCNCA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
POST OFFICE BOX 1377
3. Date of Earliest Transaction (MM/DD/YY)
04/06/2015
(Street)
SMITHFIELD, NC27577
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 685,038 I By Frank B. Holding Revocable Trust
Class A Common Stock 191,761 ( 1 ) I By spouse
Class A Common Stock 566,125 ( 1 ) I By Ella Ann Holding Revocable Trust
Class A Common Stock 100,000 ( 2 ) I By Fidelity BancShares, Inc.
Class A Common Stock 04/06/2015 S 519 D $ 258.02 241,444 ( 2 ) I By Southern BancShares(N.C.), Inc. and subsidiary
Class A Common Stock 04/07/2015 S 4,007 D $ 258 237,437 ( 2 ) I By Southern BancShares(N.C.), Inc. and subsidiary
Class A Common Stock 04/08/2015 S 423 D $ 257.73 ( 3 ) 237,014 ( 2 ) I By Southern BancShares(N.C.), Inc. and subsidiary
Class A Common Stock 12,530 ( 2 ) I By Twin States Farming, Inc.
Class A Common Stock 827 ( 2 ) I By E&F Properties, Inc.
Class A Common Stock 2,675 ( 2 ) I By Holding Properties, LLC
Class B Common Stock 4 D
Class B Common Stock 119 ( 1 ) I By spouse
Class B Common Stock 22,619 ( 2 ) I By Southern BancShares (N.C.), Inc.
Class B Common Stock 1,355 ( 2 ) I By Twin States Farming, Inc.
Class B Common Stock 200 ( 2 ) I By E&F Properties, Inc.
Class B Common Stock 2,156 ( 2 ) I By Holding Properties, Inc.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HOLDING FRANK B
POST OFFICE BOX 1377
SMITHFIELD, NC27577
X
Signatures
Frank B. Holding, By: William R. Lathan, Jr., Attorney-in-fact 04/08/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )The reporting person is or was a director, officer and/or shareholder of the companies that own these shares, but he disclaims beneficial ownership of the listed shares except to the extent of his pecuniary interest therein, if any, 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.
( 3 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.50 to $258.00, inclusive. The reporting person undertakes to provide First Citizens BancShares, Inc., and security holder of First Citizens BancShares, Inc., or the staff of the Securities and Exchange Commission, upon request full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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