4//SEC Filing
Hu W. Bradford 4
Accession 0001209191-20-004497
CIK 0000831001other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:48 PM ET
Size
8.5 KB
Accession
0001209191-20-004497
Insider Transaction Report
Form 4
Hu W. Bradford
CHIEF RISK OFFICER
Transactions
- Tax Payment
Common Stock
2020-01-20$81.12/sh−13,282.12$1,077,446→ 81,552.81 total - Award
Performance Share Units
2020-01-20+34,384.52→ 34,384.52 total→ Common Stock (34,384.52 underlying)
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, 2017 the Reporting Person received from the Issuer a target award of 28,172.49 Performance Share Units ("PSUs"), with the possibility to earn from 0% to 150% of the target award, based on (i) the Issuer's cumulative earnings per share over the three-year period ending on December 31, 2019 (the "Performance Period") and (ii) the Issuer's average return on tangible common equity in 2019. Based on the adjustments described above, the Reporting Person is entitled to receive 34,384.52 PSUs.
- [F3](Continuation of Footnote 2) Each PSU is payable only in cash which is expected to be delivered on or about February 28, 2020. 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, 2020, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2016 through February 28, 2020.
Documents
Issuer
CITIGROUP INC
CIK 0000831001
Entity typeother
Related Parties
1- filerCIK 0001629737
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:48 PM ET
- Size
- 8.5 KB