Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CAREY CHRISTOPHER J
  2. Issuer Name and Ticker or Trading Symbol
CITY NATIONAL CORP [CYN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Financial Officer
(Last)
(First)
(Middle)
400 NORTH ROXBURY DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
11/02/2015
(Street)

BEVERLY HILLS, CA 90210
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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
Common Stock 11/02/2015   D   49,268 D (1) (2) 0 D  
Common Stock 11/02/2015   D   5,526 D (3) 0 D  

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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 Underlying Securities
(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 of Derivative Security: 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
Stock Option (Right to Buy) $ 75.87 11/02/2015   D     13,604   (4) 03/02/2016 Common Stock 13,604 (5) 0 D  
Stock Option (Right to Buy) $ 74.79 11/02/2015   D     15,256   (4) 02/19/2017 Common Stock 15,256 (5) 0 D  
Stock Option (Right to Buy) $ 54.88 11/02/2015   D     24,331   (4) 02/26/2018 Common Stock 24,331 (5) 0 D  
Stock Option (Right to Buy) $ 50.17 11/02/2015   D     30,997   (4) 03/03/2020 Common Stock 30,997 (5) 0 D  
Restricted Stock Unit (6) 11/02/2015   D     10,664   (6)   (6) Common Stock 10,664 (7) 0 D  
Restricted Stock Unit (13) 11/02/2015   D     24,635   (13)   (13) Common Stock 24,635 (7) 0 D  
Stock Option (Right to Buy) $ 60.89 11/02/2015   D     18,334   (4) 02/15/2021 Common Stock 18,334 (5) 0 D  
Restricted Stock Unit (6) 11/02/2015   D     7,500   (6)   (6) Common Stock 7,500 (7) 0 D  
Restricted Stock Unit (6) 11/02/2015   D     4,000   (6)   (6) Common Stock 4,000 (7) 0 D  
Restricted Stock Unit (6) 11/02/2015   D     3,401   (6)   (6) Common Stock 3,401 (7) 0 D  
Restricted Stock Unit (6) 11/02/2015   D     3,814   (6)   (6) Common Stock 3,814 (7) 0 D  
Restricted Stock Unit (6) 11/02/2015   D     5,467   (6)   (6) Common Stock 5,467 (7) 0 D  
Cash Settled Restricted Stock Units (8) 11/02/2015   D     2,411   (8)   (8) Common Shares 2,411 (9) 0 D  
Stock Option (Right to Buy) $ 46.66 11/02/2015   D     37,406   (4) 02/21/2022 Common Stock 37,406 (5) 0 D  
Cash Settled Restricted Stock Units (8) 11/02/2015   D     3,365   (8)   (8) Common Stock 3,365 (9) 0 D  
Stock Option (Right to Buy) $ 55.73 11/02/2015   D     38,344   (4) 02/26/2023 Common Stock 38,344 (5) 0 D  
Stock Option (Right to Buy) $ 73.52 11/02/2015   D     26,042   (4) 02/25/2024 Common Stock 26,042 (5) 0 D  
Stock Option (Right to Buy) $ 90.48 11/02/2015   D     21,441   (4) 02/24/2025 Common Stock 21,441 (10) 0 D  
Stock Fund Units (EDCP) (11) 11/02/2015   D     18,238   (11)   (11) Common Stock 18,238 (12) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CAREY CHRISTOPHER J
400 NORTH ROXBURY DRIVE
BEVERLY HILLS, CA 90210
      EVP & Chief Financial Officer  

Signatures

 /s/ Christopher J. Carey   11/03/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) On November 2, 2015, Royal Bank of Canada (RBC) completed the previously announced merger of City National Corporation (City National) with and into RBC USA Holdco Corporation, a wholly owned subsidiary of RBC (Holdco), pursuant to the Agreement and Plan of Merger, dated January 22, 2015, by and among City National, RBC and Holdco (Merger Agreement). In accordance with the terms of the Merger Agreement, at the effective time of the merger each share of City National common stock outstanding immediately prior to the effective time of the merger, was converted into the right to receive the merger consideration. Each award of restricted shares of City National common stock granted prior to January 22, 2015 that was outstanding immediately prior to the effective time of the merger fully vested and was cancelled and converted automatically into the right to receive the merger consideration.
(2) Includes 8,615 shares of City National common stock held by Reporting Person in the City National Corporation Profit Sharing Plan as of October 31, 2015.
(3) In accordance with the terms of the Merger Agreement, at the effective time of the merger, each award of restricted shares of City National common stock granted after January 22, 2015 that was outstanding immediately prior to the effective time of the merger converted into a restricted stock award of RBC common shares on the terms specified in the Merger Agreement.
(4) Stock Option vest at a rate of 25% per year, on each of the first four anniversaries of the grant date.
(5) In accordance with the terms of the Merger Agreement, at the effective time of the merger, each City National stock option granted prior to January 22, 2015 that was outstanding immediately prior to the effective time of the merger fully vested and was converted automatically into an option to purchase RBC common shares on the terms specified in the Merger Agreement.
(6) Each restricted stock unit represented a contingent right to receive one share of City National common stock. Restricted stock units vest annually in four equal installments beginning on the second anniversary of the grant date. Vested restricted stock units convert and are distributed at least six months after termination of employment.
(7) In accordance with the terms of the Merger Agreement, at the effective time of the merger, each City National restricted stock unit award granted prior to January 22, 2015 that was outstanding immediately prior to the effective time of the merger fully vested and was converted into a restricted stock unit award of RBC on the terms specified in the Merger Agreement.
(8) Each cash settled restricted stock unit was valued upon vesting based on the value of the one share of City National common stock. Cash settled restricted stock units vest annually in four equal installments beginning on the second anniversary of the grant date and settle in cash on the vesting date.
(9) In accordance with the terms of the Merger Agreement, at the effective time of the merger, each City National cash-settled restricted stock unit award granted prior to January 22, 2015 that was outstanding immediately prior to the effective time of the merger fully vested and was converted into the right to receive the per share cash consideration on the terms specified in the Merger Agreement.
(10) In accordance with the terms of the Merger Agreement, at the effective time of the merger, each City National stock option granted after January 22, 2015 that was outstanding immediately prior to the effective time of the merger was converted automatically into an option to purchase RBC common shares on the terms specified in the Merger Agreement.
(11) The Stock Fund Units were acquired under the Executive Deferred Compensation Plan (EDCP) and were deemed to be invested in City National common stock on a one-for-one basis and are generally distributed on termination, or following retirement on the date or dates specified by the reporting person.
(12) In accordance with the terms of the Merger Agreement at the effective time of the merger, the Stock Fund Units shall be invested in RBC common shares on the terms specified in the Merger Agreement.
(13) Each restricted stock unit represented a contingent right to receive one share of City National common stock. This award provided for vesting of 50% five years after the grant date and 50% six years after the grant date. Vested restricted stock units convert and are distributed at least six months after termination of employment.

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