4//SEC Filing
HARNEY MARISA 4
Accession 0001209191-22-001394
CIK 0000798941other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 10:02 AM ET
Size
5.4 KB
Accession
0001209191-22-001394
Insider Transaction Report
Form 4
HARNEY MARISA
Chief Credit Officer
Transactions
- Award
Class A Common
2022-01-03+1,816→ 1,816 total
Footnotes (1)
- [F1]Received in connection with the merger of CIT Group Inc. ("CIT") into the Issuer, effective January 3, 2022 (the "Merger"), based on the Merger exchange ratio, in exchange for (i) 7,670.7830 shares of CIT common stock which were converted into shares of the Issuer's Class A common stock, and (ii) outstanding Restricted Stock Units ("RSUs") previously representing the right to receive, upon vesting, an aggregate of 21,585.8570 shares of CIT common stock which were converted into RSUs representing the right to receive an adjusted number of shares of the Issuer's Class A common stock and having vesting terms consistent with the terms of the RSUs for which they were exchanged. On the effective date of the Merger, the closing price of CIT common stock was $53.50, and the closing price of the Issuer's Class A common stock was $859.76.
Documents
Issuer
FIRST CITIZENS BANCSHARES INC /DE/
CIK 0000798941
Entity typeother
Related Parties
1- filerCIK 0001741460
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 10:02 AM ET
- Size
- 5.4 KB