0001209191-19-005009.txt : 20190123 0001209191-19-005009.hdr.sgml : 20190123 20190123171653 ACCESSION NUMBER: 0001209191-19-005009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190120 FILED AS OF DATE: 20190123 DATE AS OF CHANGE: 20190123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gerspach John C CENTRAL INDEX KEY: 0001321140 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09924 FILM NUMBER: 19538089 MAIL ADDRESS: STREET 1: C/O CORPORATE LAW DEP'T, CITIGOUP INC. STREET 2: 388 GREENWICH STREET, 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10013 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CITIGROUP INC CENTRAL INDEX KEY: 0000831001 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 521568099 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 388 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 2125591000 MAIL ADDRESS: STREET 1: 388 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS GROUP INC DATE OF NAME CHANGE: 19950519 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS INC DATE OF NAME CHANGE: 19940103 FORMER COMPANY: FORMER CONFORMED NAME: PRIMERICA CORP /NEW/ DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-01-20 0 0000831001 CITIGROUP INC C 0001321140 Gerspach John C C/O CORPORATE LAW DEP'T, CITIGROUP INC. 388 GREENWICH STREET NEW YORK NY 10013 0 1 0 0 Chief Financial Officer Common Stock 2019-01-20 4 F 0 21695.69 63.12 D 222797.43 D Common Stock 10916 I By Trusts Common Stock 24886 I By 2017 GRAT 1 Common Stock 14799 I By 2017 GRAT 2 Common Stock 35000 I By 2018 GRAT 1 Common Stock 40000 I By 2018 GRAT 2 Performance Share Units 2019-01-20 4 A 0 57153.04 0.00 A Common Stock 57153.04 57153.04 D Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded stock. Reflects the following distributions from the Reporting Person's current Grantor Retained Annuity Trusts ("GRATs") to the Reporting Person's direct holdings that occurred since his last Form 4 filing on May 18, 2018: 15,036 shares from 2016 GRAT-2 on November 14, 2018 and 15,201 shares from 2017 GRAT-2 on November 15, 2018. In addition, on November 28, 2018, the Reporting Person transferred 10,916 shares from the expired 2016 GRAT-2 to Trust accounts of which his wife is the Trustee. On November 20, 2018, the Reporting Person transferred 40,000 shares to the 2018 GRAT 2, of which he is the Trustee. On February 16, 2016 the Reporting Person received from the Issuer a target award of 68,825.91 Performance Share Units ("PSUs"), with the possibility to earn from 0% to 150% of the target award, based on the Issuer's total shareholder return relative to the total shareholder return of certain of its peer financial services companies during the three-year period ending on December 31, 2018. Based on the adjustments described above, the Reporting Person is entitled to receive 57,153.04 PSUs. (Continuation of Footnote 4) Each PSU is payable only in cash which is expected to be delivered on or about February 28, 2019. Each PSU is equivalent to the cash value of the average of the closing prices of one share of the Issuer's common stock for the period December 20, 2018 through January 18, 2019, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2015 through February 28, 2019. John C. Gerspach by Joseph B. Wollard, Attorney-in-Fact 2019-01-23