4//SEC Filing
CORBAT MICHAEL 4
Accession 0001209191-19-005005
CIK 0000831001other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 5:13 PM ET
Size
9.1 KB
Accession
0001209191-19-005005
Insider Transaction Report
Form 4
CORBAT MICHAEL
CEO, Citi Holdings
Transactions
- Tax Payment
Common Stock
2019-01-20$63.12/sh−47,400.26$2,991,904→ 473,600.85 total - Award
Performance Share Units
2019-01-20+100,858.3→ 100,858.3 total→ Common Stock (100,858.3 underlying)
Holdings
- 1,781(indirect: By Trust)
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 16, 2016 the Reporting Person received from the Issuer a target award of 121,457.49 Performance Share Units ("PSUs"), with the possibility to earn from 0% to 150% of the target award, based on the Issuer's total shareholder return relative to the total shareholder return of certain of its peer financial services companies during the three-year period ending on December 31, 2018. Based on the adjustments described above, the Reporting Person is entitled to receive 100,858.30 PSUs.
- [F3](Continuation of Footnote 2) Each PSU is payable only in cash which is expected to be delivered on or about February 28, 2019. 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 December 20, 2018 through January 18, 2019, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2015 through February 28, 2019.
Documents
Issuer
CITIGROUP INC
CIK 0000831001
Entity typeother
Related Parties
1- filerCIK 0001462790
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 5:13 PM ET
- Size
- 9.1 KB