SEC Form 4 · accession 0001209191-16-125396
Nuveen Municipal Credit Income Fund · NZF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CITIGROUP INC
10% Owner
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 11:49 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137887
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series 2017 Variable Rate MuniFund Term Preferred SharesF2 | Jun 1, 2016 | J | 810 | $100,000.00 | D | 0 | I | By Subsidiary |
| Series 2019 Variable Rate MuniFund Term Preferred SharesF2 | Jun 1, 2016 | J | 3,360 | $100,000.00 | A | 3,360 | I | By Subsidiary |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 1, 2016 NZF (the "Fund") issued 810 Variable Rate MuniFund Term Preferred Shares Series 2019 ("Series 2019 VMTP Shares") to Citibank, N.A. in exchange for 810 of the Fund's Variable Rate MuniFund Term Preferred Shares Series 2017 ("Series 2017 VMTP Shares") held by Citibank, N.A. which represent all of the Fund's outstanding Series 2017 VMTP Shares (the "Exchange").
- F2These Shares are beneficially owned by Citibank, N.A. ("Citibank"). Citicorp is the sole stockholder of Citibank. Citigroup Inc. is the sole stockholder of Citicorp.
- F3In addition to the 810 Series 2019 VMTP Shares that were issued to Citibank N.A. in the Exchange, the Fund also issued 2,550 Series 2019 VMTP Shares to Citibank, N.A. for cash (the "Sale") giving Citi a total of 3,360 Series 2019 VMTP shares with a liquidation preference of $100,000 per share.