Sec Form 4 Filing - BELL VICTOR E III @ FIRST CITIZENS BANCSHARES INC /DE/ - 2018-01-02

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
BELL VICTOR E III
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)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
PO BOX 17274
3. Date of Earliest Transaction (MM/DD/YY)
01/02/2018
(Street)
RALEIGH, NC27619-7274
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 427 D
Class A Common Stock 673 I Marjan Ltd. Restated Profit Sharing Plan
Class A Common Stock 01/02/2018 J( 1 ) V 2,037 D $ 0 0 I As Trustee of Victor E. Bell Trust II
Class A Common Stock 01/02/2018 J( 2 ) V 679 A $ 0 679 I As Trustee of Victor E. Bell Trust IV
Class A Common Stock 1,346 I As Trustee of Trust for child of V. Bell III and M. Bell
Class A Common Stock 01/02/2018 J( 1 ) V 4,812 D $ 0 0 I As Trustee of VEB, Jr. Family Trust
Class A Common Stock 01/02/2018 J( 2 ) V 1,604 A $ 0 1,604 I As Trustee of Victor E. and Jane McNair Bell Trust VI
Class A Common Stock 0 ( 3 ) I By daughter Mary Grady B. Bell
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
BELL VICTOR E III
PO BOX 17274
RALEIGH, NC27619-7274
X
Signatures
Victor E. Bell III, By: William R. Lathan, Jr., Attorney-in-fact 01/08/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Transfer of shares from trust to new trusts.
( 2 )Receipt of shares by transfer to new trust.
( 3 )Reporting Person's adult daughter, Mary Grady B. Bell, no longer resides in the Reporting Person's home. Therefore, the reporting person no longer has a reportable beneficial ownership in 50 shares of Class A Common stock owned by his daughter and included in Reporting Person's prior ownership reports.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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