SEC Form 4 · accession 0001209191-18-031372
CITIGROUP INC · C
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Gerspach
Officer — Chief Financial Officer
Period of report
May 14, 2018
Accepted (ET)
May 18, 2018 · 4:01 pm EDT
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,F2 | May 14, 2018 | G | 12,966 | $0.00 | D | 0 | I | 2016 GRAT 1 |
| Common Stock | May 14, 2018 | J | 12,966 | $0.00 | A | 12,966 | I | By Trusts |
| Common StockF3 | May 16, 2018 | S | 12,966 | $72.31 | D | 0 | I | By Trusts |
| Common StockF2,F4,F5 | holding | — | — | — | 254,256 | D | ||
| Common Stock | holding | — | — | — | 25,952 | I | 2016 GRAT 2 | |
| Common StockF4 | holding | — | — | — | 24,886 | I | 2017 GRAT 1 | |
| Common Stock | holding | — | — | — | 30,000 | I | 2017 GRAT 2 | |
| Common StockF5 | holding | — | — | — | 35,000 | I | 2018 GRAT 1 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 14, 2018 the Reporting Person made a gift of 12,966 shares of the Issuer's common stock from the 2016 GRAT 1 to trusts for the benefit of his children. The Reporting Person's wife is the trustee of each of the trusts.
- F2On May 14, 2018 the Reporting Person transferred 11,967 shares of the Issuer's common stock to his direct ownership as a required annuity distribution from the 2016-1 GRAT. As a consequence of the gift of 12,966 shares of the Issuer's common stock reported in Footnote 1 and the distribution of 11,967 shares of the Issuer's common stock reported in Footnote 2, the 2016-1 GRAT no longer owns any shares of the Issuer's common stock.
- F3This price represents the average sale prices for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from USD $72.30 to USD $72.32. Upon request by the SEC staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares and prices at which the transactions were effected.
- F4On May 14, 2018 the Reporting Person transferred 15,114 shares of the Issuer's common stock to his direct ownership as a required annuity distribution from the 2017-1 GRAT.
- F5On May 16, 2018 the Reporting Person transferred 35,000 shares of the Issuer's common stock to the 2018-1 GRAT, of which he is the trustee.