FORM 4

                

                
Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).

                
(Print or Type Responses)

            

            

                
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

                
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

                
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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  1. Name and Address of Reporting Person*

                    
GOLDSMITH RUSSELL D

                		
                
                    
  1. Issuer Name and Ticker or Trading Symbol

                    
CITY NATIONAL CORP (CYN)

                		
                
                    
  1. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)

                    

                        

                            
X
Director		
                            
X
10% Owner		
                        

                        

                            
X
Officer (give
            title below)		
                            
Other (specify
             below)		
                        

                        

                            
                                

                            		
                        

                    

                		
            

            

                
                    

                        

                            (Last)
                            (First)
                            (Middle)
                        

                        

                            
                                
400 N. ROXBURY DRIVE 

                            		
                        

                    

                		
                
                    
  1. Date of Earliest
    Transcaction Required
    to be Reported
    (Month/Day/Year)

                    
2012-07-13

                		
                
                    
  1. If Amendment,
    Date Original
    Filed(Month/Day/Year)

                    

                		
            

            

                
                    

                        

                            (Street)
                        

                        

                            
                                
BEVERLY HILLS

                            		
                            
                                
CA

                            		
                            
                                
90210

                            		
                        

                    

                		
                
                    
  1. 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)

                
  1. Trans-
    action
    Date
    (Month/
    Day/
    Year)

                
  1. Deemed
    Execution
    Date, if
    any
    (Month/
    Day/Year)

                
  1. Transaction
    Code
    (Instr. 8)

                
  1. Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4 and 5)

                
  1. Amount of
    Securities
    Beneficially
    Owned
    Following
    Reported
    Transaction (s)
    (Instr. 3 and 4)

                
  1. Ownership
    Form:
    Direct
    (D) or
    Indirect
    (I)
    (Instr. 4)

                
  1. Nature of
    Indirect
    Beneficial
    Ownership
    (Instr. 4)

            

            

                Code
                
                V
                
                Amount
                
                (A) or (D)
                
                Price
                
            

                        

                Common Stock                
                2012-07-13                
                                
                4 M 0                
                                
                8720                
                A                
                47.12                
                45935                
                D                
                                
            

                        

                Common Stock                
                2012-07-13                
                                
                4 S 0                
                                
                8720                
                D                
                49.53 3                
                37215                
                D                
                                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                14385                
                I                
                As Trustee of the ELM 2006 Charitable Annuity Lead Trust                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                262392                
                I                
                By the Russell Goldsmith Trust                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                2860000                
                I                
                By the Goldsmith Family Partnership                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                304930                
                I                
                By Maple Pine Limited Partnership                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                4134                
                I                
                As Trustee of the Brian Goldsmith 1985 Trust                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                2912                
                I                
                As Trustee of the Kathryn Goldsmith 1985 Trust                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                76222                
                I                
                By B.A. Quintent, LLC                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                8                
                I                
                As Trustee of the West LA Investment Trust No. 1-R                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                2838                
                I                
                By CNC Profit Sharing Plan 1                
            

                        

                Common Stock                
                                
                                
                                  
                                
                                
                                
                                
                7500                
                I                
                By MKB Co. Ltd. 2                
            

                    

        

            
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

            
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

        

        

            
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SEC 1474 (01-05)

        

        

            
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FORM 4 (continued)

            
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)

                		
                
  1. Con-
                    version
                    or
                    Exercise
                    Price of
                    Deri-
                    vative
                    Security

                		
                
  1. Trans-
                    action
                    Date
                    (Month/
                    Day/
                    Year)

                		
                
  1. Deemed
                    Execution
                    Date, if
                    any
                    (Month/
                    Day/
                    Year)

                		
                
  1. Trans-
                    action
                    Code
                    (Instr. 8)

                		
                
  1. Number of Derivative
                    Securities Acquired
                    (A) or Disposed
                    of (D)
                    (Instr. 3, 4, and 5)

                		
                
  1. Date Exercisable
                    and
                    Expiration
                    Date
                    (Month/Day/Year)

                		
                
  1. Title and Amount of
                    Underlying Securities
                    (Instr. 3 and 4)

                		
                
  1. Price
                    of
                    Derivative
                    Security
                    (Instr.
                    5)

                		
                
  1. Number
                    of derivative
                    Securities
                    Benefi-
                    cially
                    Owned
                    following
                    Reported
                    Transaction
                    (s)(Instr.4)

                		
                
  1. Owner-
                    ship
                    Form of
                    Deri-
                    vative
                    Secu-
                    rity:
                    Direct
                    (D) or
                    Indirect
                    (I)
                    (Instr. 4)

                		
                
  1. Nature
                    of
                    Indirect
                    Beneficial
                    Ownership
                    (Instr. 4)

                		
            

            

                Code
                
                V
                
                (A)
                
                (D)
                
                Date Exercisable
                
                Expiration Date
                
                Title
                
                Amount or number of shares
                
            

                        

                Employee Stock Options (Right to Buy)                
                47.12                
                2012-07-13                
                0000-00-00                
                M                
                                
                                
                8720                
                0000-00-00                
                2012-07-23                
                Common Stock                
                8720                
                0                
                8720                
                D                
                                
            

                    

        
Explanation of Responses:

        

            1. Shares held in the reporting person's City National Corporation Profit Sharing Plan as of June 30, 2
2. The reporting person disclaims beneficial ownership of these securities, and this report shall not b
3. The price reported in Column 4 is a weighted average price.  These shares were sold in multiple tran
4. The stock options vested in four equal annual installments beginning July 24, 2003.
5. Option exercises were pursuant to a Rule 10b5-1 Sales Plan.
        

        

            
2012-07-13
/s/ Russell Goldsmith
        

        

            

                
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
    See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

                

                
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
        see Instruction 6 for procedure.

                

                
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number.

            

            

                
Date

                
** Signature of Reporting Person

             

        

        
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