SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HOLDING FRANK B

(Last) (First) (Middle)
POST OFFICE BOX 1377

(Street)
SMITHFIELD NC 27577

(City) (State) (Zip)
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 X 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice Chairman
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
10/01/2010
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. 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)
Code V Amount (A) or (D) Price
Class A Common Stock 261,100 D
Class A Common Stock 420 I By F. Holding 2009 GRAT
Class A Common Stock 619,979 I By: F. Holding 2010 GRAT
Class A Common Stock 784(1) I By spouse
Class A Common Stock 381,091(1) I By Ella Ann 2009 GRAT
Class A Common Stock 313,869(1) I By Ella Ann 2010 GRAT
Class A Common Stock 442,439(1) I By adult children and their spouses and children
Class A Common Stock 26,430(1) I By trust for adult children
Class A Common Stock 8,214(2) I By Twin States Farming, Inc.
Class A Common Stock 167,600(2) I By First Citizens Bancorporation, Inc.
Class A Common Stock 28,628(2) I By Heritage BancShares, Inc. and subsidiary
Class A Common Stock 100,000(2) I By Fidelity BancShares, Inc.
Class A Common Stock 46,699(2) I By Southern BancShares(N.C.), Inc.
Class A Common Stock 46,000(2) I By Southern Bank and Trust Company
Class A Common Stock 54,000(2) I By Goshen, Inc.
Class A Common Stock 627(2) I By E&F Properties, Inc.
Class B Common Stock 562,431(1) I By adult children and their spouses and children
Class B Common Stock 45,900(2) I By First Citizens Bancorporation, Inc.
Class B Common Stock 22,619(2) I By Southern BancShares (N.C.), Inc.
Class B Common Stock 6,175(1) I By trust for adult children
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 09/30/2010 P 750 A $187.25 35,966(1) I By Ella Ann 2009 GRAT
Class B Common Stock 2,851(1) I By spouse
Class B Common Stock 850(1) I By Ella Ann Lee Holding Revocable Trust dtd October 24, 2007
Class B Common Stock 09/30/2010 P 3,225 A $187.25 5,745 D
Class B Common Stock 2,325 I By Frank B. Holding Revocable Trust Dated October 24, 2004
Class B Common Stock 09/30/2010 P 1,000 A $187.25 1,000 I By FBH Retained Annuity Trust dtd 1/28/2010
Class B Common Stock 09/30/2010 P 150 A $187.25(3) 150 I By F. Holding 2009 GRAT
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 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: 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 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 a director, officer and/or principal 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.
3. Due to a typographical error, the original report on Form 4 filed by the Reporting Person reported the price of the acquired shares as $187.50. The correct price, as shown in this amendment, is $187.25. All other transactions remain the same.
Frank B. Holding, By: William R. Lathan, Jr., Attorney-in-Fact 10/08/2010
** 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).
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