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)

3/27/2020
(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 3/27/2020  G  V 100000 (1)D$0.00 251675 I Claire Holding Bristow 2nd Amended and Restated Trust 
Class A Common 7/8/2020  G  V 6000 A$0.00 257675 I Claire Holding Bristow 2nd Amended and Restated Trust 
Class A Common 3/27/2020  G  V 100000 (1)A$0.00 100000 I Claire H. Bristow 2020 GRAT 
Class A Common         12152 I As Co-Trustee for Peter McDonald Bristow 2019 Irrevocable Family 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         8963 (2)I By spouse as trustee for Peter M. Bristow 2nd Amended and Restate Trust Agreement 
Class A Common         12560 (2)I By daughter Ella Bristow 
Class A Common         6106 (2)I PMB Investments, LLC 
Class A Common         2154 (2)I CRB Investments, LLC 
Class A Common         2045 (2)I EHB Investments, LLC 
Class A Common         19041 (2)I By spouse as trustee for PMB Trust 2011 
Class A Common         19041 (2)I By spouse as trustee for CRB Trust 2011 
Class A Common         19041 (2)I By spouse as trustee for EHB Trust 2011 
Class B Common 3/27/2020  G  V 50000 (1)D$0.00 33950 I Claire Holding Bristow 2nd Amended and Restated Trust 
Class B Common 3/27/2020  G  V 50000 (1)A$0.00 50000 I Claire H. Bristow 2020 GRAT 
Class B Common         1250 I As beneficiary of Trust 
Class B Common         538 (2)I By spouse as trustee for Peter M. Bristow 2nd Amended and Restate Trust Agreement 
Class B Common         8350 (2)I PMB Investments, LLC 
Class B Common         8850 (2)I CRB Investments, LLC 
Class B Common         8710 (2)I EHB Investments, LLC 
Class B Common         2163 (2)I By daughter Ella Bristow 
Depositary Shares (3)4/7/2020  P  1285 A$21.60 41285 I Claire Holding Bristow 2nd Amended and Restated Trust 

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Reflects a contribution of shares by the reporting person from indirect ownership in a revocable trust to a grantor retained annuity trust. The reporting person is the trustee and sole annuitant of the GRAT, and the contribution results in an exempt change in form of beneficial ownership.
(2) 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.
(3) Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bristow Claire H
4300 SIX FORKS ROAD
RALEIGH, NC 27609

X


Signatures
Claire H. Bristow, By: William R. Lathan, Jr., attorney-in-fact8/13/2020
**Signature of Reporting PersonDate

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