0001209191-18-005210.txt : 20180124
0001209191-18-005210.hdr.sgml : 20180124
20180124173851
ACCESSION NUMBER: 0001209191-18-005210
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180122
FILED AS OF DATE: 20180124
DATE AS OF CHANGE: 20180124
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CORBAT MICHAEL
CENTRAL INDEX KEY: 0001462790
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09924
FILM NUMBER: 18546181
MAIL ADDRESS:
STREET 1: 601 LEXINGTON AVENUE, 19TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10022
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
2018-01-22
0
0000831001
CITIGROUP INC
C
0001462790
CORBAT MICHAEL
CITIGROUP INC., CORPORATE LAW DEPT.
153 EAST 53RD STREET, 19TH FLOOR
NEW YORK
NY
10022
1
1
0
0
Chief Executive Officer
Common Stock
2018-01-22
4
F
0
44862.16
78.19
D
419912.99
D
Common Stock
1781
I
By Family Trust
Performance Share Units
2018-01-22
4
A
0
64879.38
0.00
A
Common Stock
64879.38
64879.38
D
Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded stock.
On February 16, 2015 the Reporting Person received from the Issuer a target award of 68,222.27 Performance Share Units ("PSUs"), with the possibility to earn from 0% to 150% of the target award, based on (i) the Issuer's average return on assets over the three-year period ending on December 31, 2017 (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 64,879.38 PSUs.
(Continuation of Footnote 2) Each PSU is payable only in cash which is expected to be delivered on February 16, 2018. 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 January 12, 2018 through January 19, 2018, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2014 through February 16, 2018.
Michael L. Corbat by Joseph B. Wollard, Attorney-in-Fact
2018-01-24