0001209191-16-093247.txt : 20160122 0001209191-16-093247.hdr.sgml : 20160122 20160122174357 ACCESSION NUMBER: 0001209191-16-093247 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160120 FILED AS OF DATE: 20160122 DATE AS OF CHANGE: 20160122 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: 399 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125591000 MAIL ADDRESS: STREET 1: 399 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 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 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: 161357030 MAIL ADDRESS: STREET 1: C/O CORPORATE LAW DEP'T, CITIGOUP INC. STREET 2: 425 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10043 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-01-20 0 0000831001 CITIGROUP INC C 0001321140 Gerspach John C C/O CORPORATE LAW DEP'T, CITIGROUP INC. 601 LEXINGTON AVENUE 19TH FLOOR NEW YORK NY 10022 0 1 0 0 Chief Financial Officer Common Stock 2016-01-20 4 F 0 19856.02 40.2335 D 158045.18 D Common Stock 27330 I By 2014 GRAT 1 Common Stock 16867 I By 2014 GRAT 2 Common Stock 40000 I By 2015 GRAT 1 Common Stock 40000 I By 2015 GRAT 2 Performance Share Unit 2016-01-20 4 A 0 30138.63 0.00 A 2016-02-19 2016-02-19 Common Stock 30138.63 30138.63 D Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded stock. Includes 22,670 shares previously held through 2014 Grantor Retained Annuity Trust ("GRAT"-1), which were distributed to the Reporting person on May 21, 2015, and are now owned directly. Reflects a distribution of 22,670 shares to the Reporting Person on May 21, 2015 in accordance with the terms of the 2014-1 GRAT, of which he is the Trustee. Reflects a distribution of 18,133 shares to the Reporting Person on November 18, 2015 in accordance with the terms of the 2014 GRAT-2, of which he is the Trustee. On May 21, 2015, the Reporting Person transferred 40,000 shares to the 2015 GRAT-1, of which he is the Trustee. On November 4, 2015, the Reporting Person transferred 40,000 shares to the 2015 GRAT-2, of which he is the Trustee. On February 19, 2013 the Reporting Person received from the Issuer a target award of 44,386.78Performance Share Units ("PSUs"), subject to increase up to 150%, or 66,580.17PSUs, and decrease to zero PSUs, based on (i) the Issuer's average return on assets over the three-year period ending on December 31, 2015 (the "Performance Period") and (2) the Issuer's total shareholder return relative to the total shareholder return of certain of its peer financial services companies during the Performance Period. Based on the adjustments described above, the Reporting Person is entitled to receive 30,138.63PSUs. Each PSU is payable only in cash expected to be delivered on February 19, 2016, and is equivalent to the cash value of the average high and low price of one share of the Issuer's common stock on January 20, 2016, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2012 through February 19, 2016. John C. Gerspach by Joseph B. Wollard, Attorney-in-Fact 2016-01-22