Company: FCNCB
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001193125-25-056659
Chunk: 60

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 60
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 $ 3,290,625 |     |    $ 4,200,000 |     |      $ 4,200,000 |     |   $ 2,062,500 |
| MPP (CIT awards) (a) |     |             1,010,000 |     |      472,500 |     |        490,000 |     |          490,000 |     |       385,000 |
| MPP (SVB awards) (b) |     |             1,500,000 |     |    1,000,000 |     |      1,000,000 |     |        1,000,000 |     |       750,000 |
| Total                |     |           $ 9,706,250 |     |  $ 4,763,125 |     |    $ 5,690,000 |     |      $ 5,690,000 |     |   $ 3,197,500 |

| (a) | Reflects payments made with respect to the MPP awards for 2024 described in the Grants of Plan Based Awards table below related to the CIT Merger. No further award opportunities are expected to be granted with respect to the CIT Merger. |

| (b) | Reflects payments made with respect to the MPP awards for 2024 described in the Grants of Plan Based Awards table below related to the SVB Acquisition. |

| (4) | Amounts in this column consist of two components, including: |

| ● |     | “Change in Pension Value,” which represents the net aggregate amount of the increase, if any, for each year in (i) for officers who are pension plan participants, the actuarial present value of those officers’ accumulated benefits under defined benefit pension plans, and (ii) for officers who are parties to separation from service agreements with FCB, the present value of monthly payments that would be made under those agreements to the officers in the future for a period of 10 years following their separation from service at agreed-upon ages; and |

| ● |     | in the case of Mr. Nix and Mr. Bristow only, “Nonqualified Deferred Compensation Earnings,” which, as described in Footnote 5 below, represent amounts of interest accrued on nonqualified deferred compensation that is considered to be “above market” under the SEC’s disclosure