RYAN JOHN R 4
4 · FIRST CITIZENS BANCSHARES INC /DE/ · Filed Jan 5, 2022
Insider Transaction Report
Form 4
RYAN JOHN R
Director
Transactions
- Award
Class A Common
2022-01-03+1,871→ 1,871 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) 20,205.6990 shares of CIT common stock, and (ii) Restricted Stock Units previously represented the right to receive an aggregate of 9,996.2326 shares of CIT common stock, all of which were converted into shares of the Issuer's Class A common stock. 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.