4//SEC Filing
CITIGROUP INC 4
Accession 0001209191-17-012897
$CCIK 0000831001operating
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 6:25 PM ET
Size
11.1 KB
Accession
0001209191-17-012897
Insider Transaction Report
Form 4
Cowles James C
CEO, Europe,Middle East&Africa
Transactions
- Tax Payment
Common Stock
2017-02-20$60.12/sh−21,679.51$1,303,372→ 292,860.65 total - Award
Performance Share Unit
2017-02-20+18,278.01→ 18,278.01 total→ Common Stock (18,278.01 underlying)
Holdings
- 80(indirect: By Children)
Common Stock
- 2,000(indirect: By Trust)
Common Stock
- 49.9(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded stock.
- [F2]On February 18, 2014 the Reporting Person received from the Issuer a target award of 36,338.00 Performance Share Units ("PSUs"), with the possibility to earn from 0% to 100% of the target award, based on (i) the Issuer's average return on assets over the three-year period ending on December 31, 2016 (the "Performance Period") and (ii) 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 18,278.01 PSUs.
- [F3](Continuation of Footnote 2) Each PSU is payable only in cash which is expected to be delivered two-thirds on March 17, 2017 and the remainder on or about September 15, 2017. Each PSU delivered on March 17, 2017 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 February 13, 2017 through February 17, 2017, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2013 through March 17, 2017. With respect to the remaining PSUs to be delivered on or about September 15, 2017, each PSU will be equivalent to the cash value of the average of the closing prices of one share of the Issuer's common stock for the period August 14, 2017 through August 18, 2017, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2013 through August 20, 2017.
Documents
Issuer
CITIGROUP INC
CIK 0000831001
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000831001
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 6:25 PM ET
- Size
- 11.1 KB