SEC Form 4 · accession 0001209191-16-149844
CITIGROUP INC · C
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A. Forese
Officer — President
Period of report
Nov 11, 2016
Accepted (ET)
Nov 14, 2016 · 5:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000831001
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 11, 2016 | M | 100,000 | $49.10 | A | 626,795 | D | |
| Common StockF2 | Nov 11, 2016 | F | 95,882 | $53.61 | D | 530,913 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F1 | $49.10 | Nov 11, 2016 | M | 100,000 | D | Feb 14, 2012 | Feb 14, 2017 | Common Stock | 100,000 | 75,000 | D |
Explanation of responses
- F1On February 14, 2011, the Issuer awarded 175,000 employee stock options to the Reporting Person in accordance with Rule 16b-3. The transactions reported on this Form 4 represent a partial exercise and conversion of 100,000 employee stock options exempted pursuant to Rule 16b-3.
- F2Payment of exercise price and tax liability by withholding securities incident to the exercise of employee stock options issued in accordance with Rule 16b-3.