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