4 1 file001.txt FORM 4 FORM 4 ------------------------------ OMB APPROVAL [X] CHECK THIS BOX IF NO LONGER SUBJECT ------------------------------ TO SECTION 16. FORM 4 OR FORM 5 OMB Number: 3235-0287 OBLIGATIONS MAY CONTINUE. SEE Expires: January 31, 2005 INSTRUCTION 1(B). Estimated average burden hours per response.........0.5 ------------------------------ 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 (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* Ford, Gerald J. -------------------------------------------------------------------------------- (Last) (First) (Middle) 200 Crescent Court, Ste. 1350 -------------------------------------------------------------------------------- (Street) Dallas, TX 75201 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name AND Ticker or Trading Symbol Golden State Bancorp Inc. (GSB) ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ________________________________________________________________________________ 4. Statement for Month/Day/Year 11/5/2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) |X| Director | | 10% Owner |X| Officer (give title below) | | Other (specify below) Chairman of the Board and Chief Executive Officer ____________________________________________________________________ ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable line) | | Form Filed by One Reporting Person |X| Form Filed by More than One Reporting Person ________________________________________________________________________________ ================================================================================ TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ================================================================================

TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED --------------------------------------------------------------------------------------------------------------------------------- 5. Amount of 26. ~~Trans- 3~~4. ~~Trans~~Securities Owner- 4. Securities Acquired (A) ~~Securities~~or ~~action~~Beneficially ~~action~~ship or2A. 3. Disposed of (D) ~~Beneficially~~Owned 6.Form: ~~Ownership~~ 7. ~~Nature~~2. ofTrans- ~~Date~~Deemed ~~Code~~Transaction (Instr. 3, 4 and 5) ~~Owned~~Following ~~at End Form:~~ Direct ~~Indirect~~Nature ~~1. Title~~ of ~~Security~~action ~~(Month/~~Execution ~~(Instr.~~Code 8) ------------------------------- ofReported ~~Month~~ (D) or ~~Beneficial~~Indirect 1. Date Date, if any (Instr. 38) ~~Day~~(A) Transaction(s) Indirect Beneficial Title of Security (Month/ (Month/ ------------ ~~(A)~~ or (Instr. ~~Indirect~~3 and (I) Ownership (Instr. 3) Day/Year) Day/Year) Code V Amount (D) Price ~~3 and~~ 4) (Instr. 4) (Instr. 4) --------------------------------------------------------------------------------------------------------------------------------- ---~~------------------------------------------------------------------------------------------------------------------------------~~ Common Stock 711/165/~~2002~~02 J(1) 1,~~044~~165,~~027~~793 A (1) 2021,~~728~~894,~~588~~381 I (1) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 111/227/~~2002~~02 AD(2) ~~V 30~~21,~~778 A $27.65 99~~894,~~958~~381 D (2) -0- I (2) ------------------------------------------------------------------------------------------------------------------------------- ----- Common Stock 11/7/02 D(2) 99,958 D (2) -0- D -------------------------------------------------------------------------------------------------------------------------- ---------- Litigation Tracking Warrants 11/7/02 D(3) 1,903,000 D (3) -0- I (3) --------------------------------------------------------------------------------------------------------------------- --------------- ------------------------------------------------------------------------------------------------------------------ ------------------~~---------------------------------------------------------------------------------------------------------------~~ ==================================================================================================================================== 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).

PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. (Over) SEC 1474 (9-02) FORM 4 (continued) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ================================================================================

~~TABLE~~9. IINumber --10. ~~DERIVATIVE~~of ~~SECURITIES~~Owner- ~~ACQUIRED,~~deriv- ~~DISPOSED~~ship ~~OF,~~ative ORForm ~~BENEFICIALLY OWNED (E~~2.~~G.,~~ ~~PUTS,~~Secur- ~~CALLS,~~of ~~WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)~~ Conver-~~-----------------------------------------------------------------------------------------------------------------------------------~~ 105. 7. ~~Title~~ities ~~and~~Deriv- ~~Ownership 5~~11. sion Number of Title and Amount ofBene- 9.ative ~~Form~~Nature ofor 113A. Derivative 6. ~~Date~~of Underlying 8. ~~Number~~ficially ~~of Deriva~~Secur- ~~Nature~~of ~~2. Con~~Exer- Deemed 4. Securities ~~Exercisable~~Date ~~and~~ Securities Price ~~Derivative~~Owned ~~tive~~ity: ofIn- ~~version~~cise 3. Execu- Trans- Acquired (A) ~~Expiration~~Exercisable ~~Date~~and (Instr. 3 ~~of Securities Security: Indirect or Trans- action or Disposed (Month/Day/Year)~~ and 4) ~~Deriva-~~of ~~Benefi~~Follow- Direct ~~Bene~~direct Price Trans- ~~Exercise~~tion action ~~Code~~or ofDisposed ~~(D)~~Expiration Date ---------------- Deriv-~~-------------~~ ~~tive~~ing ~~cially~~ (D) or ~~ficially.~~Bene- 1. ~~Title~~of action Date, Code of(D) ~~Price~~(Month/Day/Year) Amount ative Reported In- ficial Title of Deriv- Date if any (Instr. (Instr. 3, ~~Date~~---------------- ~~Amount~~or ~~Secu~~Secur- ~~Owned~~Trans- atdirect ~~Indirect~~ Owner- Derivative ~~Deriv-~~ative (Month/ (Month/ 8) 4 and 5) ~~Exer-~~Date Expira- orNumber ~~Num-~~ity ~~rity~~actions ~~End of~~ (I) ship Security ~~ative~~Secur- Day/ Day/ -------- ------------ ~~cis~~Exer- tion ~~ber~~ of (Instr. ~~Month~~(Instr. (Instr. (Instr. (Instr. 3) ~~Security~~ity Year) Year) Code V (A) (D) ~~able~~cisable Date Title Shares 5) ~~(Instr.~~ 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Employee $23.50 11/7/02 D 225,000 (4) 5/17/09 Common 225,000 0(5) D Stock Option Stock (right to buy) ------------------------------------------------------------------------------------------------------------------------------------ Employee $2714.6500 111/227/~~2002~~02 AD ~~V 165~~173,000 (24) 1/2123/~~2012~~10 Common ~~165~~173,000 ~~165,000~~0(5) D Stock ~~Stock~~ Option Stock (~~Right~~right to ~~Buy~~buy) ------------------------------------------------------------------------------------------------------------------------------------ ~~2002~~Employee ~~LTIP~~$26.375 11/7/02 D 175,000 (34) 1/2221/~~2002~~11 ACommon V175,000 0(35) ~~(3)~~D ~~(3)~~Stock ~~(3)~~Option ~~(3)~~Stock (3)right (3to buy) ~~D Right~~ ------------------------------------------------------------------------------------------------------------------------------------ ~~------------------------------------------------------------------------------------------------------------------------------------~~Employee ~~------------------------------------------------------------------------------------------------------------------------------------~~$27.65 ~~------------------------------------------------------------------------------------------------------------------------------------~~11/7/02 ~~------------------------------------------------------------------------------------------------------------------------------------~~D 165,000 (4) 1/21/12 Common 165,000 0(5) D Stock Option Stock (right to buy) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

Explanation of Responses: See Attachment No. 1. **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. /s/ Gerald J. Ford 11/18/02 --------------------------------------------- ----------------------- **Signature of Reporting Person Date 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. ATTACHMENT NO. 1 TO FORM 4 - GERALD J. FORD (1) 1,165,793 shares of Golden State Common Stock (the "Shares") reported herein were acquired by Mr. Ford as contingent merger consideration pursuant to Section 1.6 of the Agreement and Plan of Reorganization dated as of February 4, 1998, as amended (the "Agreement") among First Gibraltar Holdings Inc., Hunter's Glen/Ford, Ltd. ("Hunter's Glen"), First Nationwide (Parent) Holdings Inc., First Nationwide Holdings Inc., Golden State Bancorp Inc. ("GSB") and Golden State Financial Corporation. The Shares are indirectly owned by Mr. Ford through Hunter's Glen, a limited partnership in which Mr. Ford and Ford Diamond Corporation, a corporate entity controlled by Mr. Ford, are the general partners. Hunter's Glen is the record holder of the Shares reported herein. Pursuant to the formula set forth in the Agreement, the price per share attributed to the Shares is $19.1566 as to 90,139 shares and $28.4733 as to 1,075,654 shares. (2) All shares of Golden State Bancorp ("GSB") common stock were disposed of pursuant to the merger of GSB and a wholly owned subsidiary of Citigroup Inc. ("Citi") for Citi common stock, each having a value of approximately $37.11 based on the arithmetic average of the closing sales prices of Citi common stock for the five consecutive trading days immediate preceding but not including the second trading day prior to the Closing Date of such merger. (3) Citi assumed the obligations on this security pursuant to the merger described in (2) above. These securities are indirectly owned by Mr. Ford through Hunter's Glen. (4) Immediately. (5) All options to acquire shares of GSB common stock were converted pursuant to such merger into options to acquire that number of shares of Citi common stock equal to the number of shares of GSB common stock subject to such option immediately prior to completion of such merger multiplied by the exchange ratio in such merger (1.005681), at an exercise price per share equal to the exercise price for each such share of GSB common stock subject to such option divided by such exchange ratio. JOINT FILERS 1. Name of designated filer: Gerald J. Ford Name of joint filer: Hunter's Glen/Ford, Ltd. Address of joint filer: 200 Crescent Court, Suite 1350 Dallas, Texas 75201 Statement for Month/Day/Year: 11/5/2002 Issuer name and Ticker or Trading Symbol Golden State Bancorp Inc. (GSB) Relationship of Reporting Person to 10% Owner Issuer 2. Name of designated filer: Gerald J. Ford Name of joint filer: Ford Diamond Corporation Address of joint filer: 200 Crescent Court, Suite 1350 Dallas, Texas 75201 Statement for Month/Day/Year: 11/5/2002 Issuer name and Ticker or Golden State Bancorp Inc. (GSB) Trading Symbol Relationship of Reporting Person 10% Owner to Issuer HUNTER'S GLEN/FORD, LTD. FORD DIAMOND CORPORATION By: Ford Diamond Corporation, By /s/ Gerald J. Ford General Partner -------------------- Gerald J. Ford, President By: /s/ Gerald J. Ford --------------------------- Gerald J. Ford, President

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