Jane Fraser - Feb 21, 2025 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 21, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 04:01 PM
Previous filing
Feb 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding C Common Stock 626K Feb 21, 2025 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 +106K $0.00 106K Feb 21, 2025 Common Stock 106K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 10, 2022 the Reporting Person received from the Issuer a target award of 159,071.33 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, 2024 (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 105,623.36 PSUs.
F2 (con't) Each PSU is payable only in cash which is expected to be delivered on or about February 28, 2025. 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, 2025, plus dividends declared on equivalent shares of the Issuer's common stock from December 31, 2021 through February 28, 2025.