Edgar Filing: Holding Olivia Britton

Ownership Submission

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 OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Holding Olivia Britton

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)

PO BOX 1352

3. Date of Earliest Transaction (Month/Day/Year)
11/29/2018

(Street)

SMITHFIELD, NC 27577

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common								424,127	D
Class A Common								10,544	I	As beneficiary of Trust
Class A Common								365	I	As Trustee for Frank B. Holding Marital GST Trust
Class A Common								2,675	I ⁽¹⁾	By Holding Properties, LLC
Class A Common								827	I ⁽¹⁾	By E&F Properties, Inc.
Class A Common								12,530	I ⁽¹⁾	By Twin States Farming, Inc.
Class A Common	11/29/2018		S		2,000	D	$ 428.1315 ⁽²⁾	198,032	I ⁽¹⁾	By Southern BancShares (N.C.), Inc. and subsidiary
Class A Common	11/29/2018		S		2,000	D	$ 427.0587 ⁽³⁾	196,032	I ⁽¹⁾	By Southern BancShares (N.C.), Inc. and subsidiary
Class A Common	11/29/2018		S		1,469	D	$ 425.5485 ⁽⁴⁾	194,563	I ⁽¹⁾	By Southern BancShares (N.C.), Inc. and subsidiary
Class A Common	11/30/2018		S		192	D	$ 432.2526 ⁽⁵⁾	194,371	I ⁽¹⁾	By Southern BancShares (N.C.), Inc. and subsidiary
Class A Common	11/30/2018		S		1,308	D	$ 429.0992 ⁽⁶⁾	193,063	I ⁽¹⁾	By Southern BancShares (N.C.), Inc. and subsidiary
Class A Common	11/30/2018		S		1,000	D	$ 427	192,063	I ⁽¹⁾	By Southern BancShares (N.C.), Inc. and subsidiary
Class A Common								174,469	I ⁽¹⁾	By Yadkin Valley Company and subsidiary
Class A Common								100,000	I ⁽¹⁾	By Fidelity BancShares (N.C.), Inc.
Class B Common								3,219	D
Class B Common								1,225	I	As beneficiary of Trust
Class B Common								116,914	I	By: Olivia B. Holding Revocable Trust
Class B Common								2,156	I ⁽¹⁾	By Holding Properties, LLC
Class B Common								200	I ⁽¹⁾	By E&F Properties, Inc.
Class B Common								1,355	I ⁽¹⁾	By Twin States Farming, Inc.
Class B Common								22,619	I ⁽¹⁾	By Southern BancShares (N.C.), INc. and subsidiary
Class B Common								1,900	I ⁽¹⁾	By Yadkin Valley Company and subsidiary

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Holding Olivia Britton PO BOX 1352 SMITHFIELD, NC 27577		X

Signatures

Olivia B. Holding, By: William R. Lathan, Jr., Attorney-in-Fact		12/03/2018
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The reporting person is a director, officer, manager and/or shareholder of the companies that own these shares, but she disclaims beneficial ownership of the listed shares except to the extent of her 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.
(2)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $428.00 to $428.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 ranges set forth in footnotes (2) through (6) to this Report.
(3)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $427.00 to $427.1173, inclusive.
(4)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $425.336 to $426.25, inclusive.
(5)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $432.00 to $432.485, inclusive.
(6)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.02 to $429.48, inclusive.

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