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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bristow Claire H
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)

4300 SIX FORKS ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

7/5/2019
(Street)

RALEIGH, NC 27609
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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                  30000   D    
Class A Common   7/5/2019     S    5000   D $457.99   (1) 236858   I   Claire Holding Bristow 2nd Amended and Restated Trust  
Class A Common   7/5/2019     S    5000   D $455.02   (2) 231858   I   Claire Holding Bristow 2nd Amended and Restated Trust  
Class A Common                  10858   I   As beneficiary of Trust  
Class A Common                  14500   I   By spouse as Trustee for Claire Holding Bristow 2018 Irrevocable Family Trust  
Class A Common                  14533   (3) I   By spouse as trustee for Peter M. Bristow 2nd Amended and Restate Trust Agreement  
Class A Common                  6737   (3) I   By Spouse  
Class A Common                  1808   (3) I   By Son, Peter M. Bristow, Jr.  
Class A Common                  10850   (3) I   By spouse as custodian for Peter Bristow, Jr.  
Class A Common                  12566   (3) I   By spouse as custodian for Charlotte Bristow  
Class A Common                  12410   (3) I   By spouse as custodian for Ella Bristow  
Class A Common                  6106   (3) I   PMB Investments, LLC  
Class A Common                  2154   (3) I   CRB Investments, LLC  
Class A Common                  2045   (3) I   EHB Investments, LLC  
Class A Common                  19041   (3) I   By spouse as trustee for PMB Trust 2011  
Class A Common                  19041   (3) I   By spouse as trustee for CRB Trust 2011  
Class A Common                  19041   (3) I   By spouse as trustee for EHB Trust 2011  
Class B Common                  82866   I   Claire Holding Bristow 2nd Amended and Restated Trust  
Class B Common                  1250   I   As beneficiary of Trust  
Class B Common                  538   (3) I   By spouse  
Class B Common                  2080   (3) I   By spouse as custodian for Peter Bristow, Jr.  
Class B Common                  8350   (3) I   PMB Investments, LLC  
Class B Common                  2081   (3) I   By spouse as custodian for Charlotte Bristow  
Class B Common                  8850   (3) I   CRB Investments, LLC  
Class B Common                  2081   (3) I   By spouse as custodian for Ella Bristow  
Class B Common                  8710   (3) I   EHB Investments, LLC  
Class B Common                  82   (3) I   By Son. Peter M. Bristow, Jr.  
Class B Common                  82   (3) I   By daughter, Charlotte Bristow  
Class B Common                  82   (3) I   By daughter, Ella Bristow  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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

Explanation of Responses:
(1)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $457.99 to $458.00, 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 range set forth in footnote (1) of this Report.
(2)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $455.00 to $455.77, 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 range set forth in footnote (2) of this Report
(3)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bristow Claire H
4300 SIX FORKS ROAD
RALEIGH, NC 27609

X


Signatures
Claire H. Bristow, By: William R. Lathan, Jr., Attorney-in-fact 7/8/2019
** Signature of Reporting Person Date


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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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