Jane Fraser - Feb 23, 2024 Form 4 Insider Report for CITIGROUP INC (C)

Signature
Jane Fraser by Joseph B. Wollard, Attorney-in-Fact
Stock symbol
C
Transactions as of
Feb 23, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 04:02 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding C Common Stock 544K Feb 23, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction C Performance Share Unit Award $0 +79.2K $0.00 79.2K Feb 23, 2024 Common Stock 79.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 2/11/2021 the Reporting Person received from the Issuer a target award of 79,190.18 Performance Share Units ("PSUs"), with the possibility to earn from 0% to 150% of the target award, based on (i) the Issuer's average return on tangible common equity ("RoTCE") over the three-year period ending on December 31, 2023 (the "Performance Period") and (ii) the Issuer's cumulative tangible book value per share ("TBVPS") over the Performance Period. Based on performance during the Performance Period, the Reporting Person is entitled to receive 79,190.18 PSUs. Each PSU is payable only in cash which is expected to be delivered on or about February 29, 2024. 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, 2024, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2020 through February 29, 2024.