Securities and Exchange Commission

Washington, D.C.  20549
 
Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  April 25, 2011
 
First Citizens BancShares, Inc.
(Exact name of registrant as specified in its charter)
 
 Delaware
(State or other jurisdiction
of incorporation) 
001-16715
(Commission
File Number)
 56-1528994
(IRS Employer
Identification No.)
 
4300 Six Forks Road  
Raleigh, North Carolina
27609
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code:   (919) 716-7000
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□ Soliciting material pursuant to Rule 14a-12  under the Exchange Act (17 CFR 240.14a-12)
□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
□ Pre-commencement communications pursuant to Rule 13e-4(c)  under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
Item 5.07.                                Submission of Matters to a Vote of Security Holders.

The 2011 annual meeting of shareholders of First Citizens BancShares, Inc. (“BancShares”) was held on April 25, 2011.  At the meeting, the shareholders:
 
●
voted on the election of 14 directors for terms of one year each;
 
●
voted on a non-binding, advisory “say-on-pay” resolution to approve compensation paid or provided to BancShares’ executive officers as disclosed in the proxy statement for the annual meeting;
 
●
held a non-binding, advisory vote on whether BancShares should submit a “say-on-pay” resolution to a vote of shareholders every one, two or three years (a “say-on-frequency” vote); and
 
●
voted on a proposal to ratify the appointment of Dixon Hughes Goodman LLP as BancShares’ independent public accountants for 2011.

The following tables describe the final results of the voting at the annual meeting.

Election of Directors
 
 
Name of Nominee
  
 
Votes Cast
"For"
  
 
Votes
"Withheld"
  
 
Broker
Nonvotes
John M. Alexander, Jr.
  
29,755,768
  
  54,875
  
1,910,562
Carmen Holding Ames
  
29,729,881
  
  80,762
  
1,910,562
Victor E. Bell III
  
29,769,233
  
  41,410
  
1,910,562
Hope Holding Connell
  
29,727,781
  
  82,862
  
1,910,562
Hubert M. Craig III
  
29,755,819
  
  54,824
  
1,910,562
H. Lee Durham, Jr.
  
29,769,212
  
  41,431
  
1,910,562
Daniel L. Heavner
  
29,762,411
  
  48,232
  
1,910,562
Frank B. Holding
  
29,726,457
  
  84,186
  
1,910,562
Frank B. Holding, Jr.
  
29,730,056
  
  80,587
  
1,910,562
Lucius S. Jones
  
29,749,342
  
  61,301
  
1,910,562
Robert E. Mason IV
  
29,762,379
  
  48,264
  
1,910,562
Robert T. Newcomb
  
29,531,584
  
279,059
  
1,910,562
James M. Parker
  
29,707,797
  
102,846
  
1,910,562
Ralph K. Shelton
  
29,766,737
  
  43,906
  
1,910,562
 
“Say-on-Pay” Vote

Description of
Matter Voted On
  
Votes Cast
"For"
  
Votes Cast
"Against"
  
Abstained
  
Broker
Nonvotes
Non-binding, advisory resolution to
    approve compensation paid or
    provided to executive officers
    as disclosed in the annual meeting
    proxy statement
  
29,392,000
  
177,383
  
240,664
  
1,911,158

“Say-on-Frequency” Vote

 
Description of
Matter Voted On
  
Votes Cast
for
“Every Year”
  
Votes Cast
for
“Every 2 Years”
  
Votes Cast
for
“Every 3 Years”
  
 
 
Abstained
  
 
Broker
Nonvotes
Non-binding, advisory vote on
    how frequently a “say-on-pay”
    resolution should be submitted
    to a vote of shareholders
  
4,126,360
  
292,439
  
25,187,947
  
98,712
  
2,015,747
 
Ratification of Appointment of Independent Accountants

Description of
Matter Voted On
  
Votes Cast
"For"
  
Votes Cast
"Against"
  
 
Abstained
  
Broker
Nonvotes
Ratification of the appointment
    of independent accountants
  
31,513,829
  
25,995
  
180,552
  
 
829



 
 
 
Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 
  First Citizens BancShares, Inc.  
 
(Registrant)
  
       
       
Date:           April 28, 2011
 By:
/s/   KENNETH A. BLACK 
  
   
Kenneth A. Black
  
   
Chief Financial Officer