Sec Form 4/A Filing - CITIGROUP INC @ KEMET CORP - 2003-08-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CITIGROUP INC
2. Issuer Name and Ticker or Trading Symbol
KEMET CORP [ KEM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See General Remarks
(Last) (First) (Middle)
399 Park Avenue
3. Date of Earliest Transaction (MM/DD/YY)
08/11/2003
(Street)
New York, NY10043
4. If Amendment, Date Original Filed (MM/DD/YY)
08/12/2003
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/11/2003 S 35,000 D $ 10.15 5,285,820 I By Subsidiary( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CITIGROUP INC
399 Park Avenue
N ew York, NY10043
See General Remarks
CITIGROUP HOLDINGS CO
One Rodney Square
Wilmington, DE19899
See General Remarks.
CITICORP
399 Park Avenue
New York, NY10043
See General Remarks.
CITIBANK NA
399 Park Avenue
New York, NY10043
See General Remarks.
CITICORP VENTURE CAPITAL LTD
399 PARK AVENUE
NEW YORK, NY10043
See General Remarks.
Signatures
Citigroup Inc., By: Serena D. Moe, Assistant Secretary 09/10/2003
Signature of Reporting Person Date
Citigroup Holdings Company, By: Serena D. Moe, Assistant Secretary 09/10/2003
Signature of Reporting Person Date
Citicorp, By: Serena D. Moe, Assistant Secretary 09/10/2003
Signature of Reporting Person Date
Citibank, N.A., By: Serena D. Moe, Assistant Secretary 09/10/2003
Signature of Reporting Person Date
Citicorp Venture Capital, By: Anthony P. Mirra, Vice President 09/10/2003
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The common stock reported herein is directly beneficially owned by Citicorp Venture Capital Ltd. ("CVC"). CVC is a wholly owned subsidiary of Citibank, N.A., which is a wholly owned subsidiary of Citicorp, which is a wholly owned subsidiary of Citigroup Holdings Company, which is a wholly owned subsidiary of Citigroup Inc. Each of Citigroup Inc., Citigroup Holdings Company, Citicorp and Citibank, N.A. disclaim beneficial ownership of the shares reported herein except to the extent of their pecuniary interests therein.

Remarks:
Although an employee of the Reporting Person previously served on the Issuer's Board of Directors, as of July 23, 2003, the Reporting Person no longer held a seat on the Issuer's Board of Directors.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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