4//SEC Filing
Garg Sunil 4
Accession 0000950170-25-025586
CIK 0000831001other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:01 PM ET
Size
7.2 KB
Accession
0000950170-25-025586
Insider Transaction Report
Form 4
Garg Sunil
CEO, Citibank, N.A.
Transactions
- Award
Performance Share Unit
2025-02-21+17,295.62→ 17,295.62 total→ Common Stock (17,295.62 underlying)
Holdings
- 139,997.21
Common Stock
Footnotes (2)
- [F1]On February 10, 2022 the Reporting Person received from the Issuer a target award of 26,047.62 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 tangible common equity ("RoTCE") over the three-year period ending on December 31, 2024 (the "Performance Period") and (ii) the Issuer's cumulative tangible book value per share ("TBVPS") over the Performance Period. Based on performance during the Performance Period, the Reporting Person is entitled to receive 17,295.62 PSUs.
- [F2](con't) Each PSU is payable only in cash which is expected to be delivered on or about February 28, 2025. Each PSU is equivalent to the cash value of the average of the closing prices of one share of the Issuer's common stock on the New York Stock Exchange for the twenty trading days immediately preceding January 20, 2025, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2021 through February 28, 2025.
Documents
Issuer
CITIGROUP INC
CIK 0000831001
Entity typeother
Related Parties
1- filerCIK 0001847149
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:01 PM ET
- Size
- 7.2 KB