<PAGE>
<TABLE>
<CAPTION>
- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION -----------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
- -------- -----------------------------
/X/ CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287
LONGER SUBJECT TO EXPIRES: SEPTEMBER 30, 1998
SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN
FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5
CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940 -----------------------------
INSTRUCTION 1(b).
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
<S><C>
1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
Director X 10% Owner
Citigroup Inc.+ IMC Mortgage Company ("IMC") ---- ----
- --------------------------------------------------------------------------------------------- Officer (give Other
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- title ---- (specify
Number of Reporting Month/Year below) below
Person (Voluntary) ----------------- ------------------
399 Park Avenue October 1998
- -------------------------------------------- --------------------- 7. Individual or Joint/Group Filing
(Street) 5. If Amendment, (Check Applicable Line)
Date of Original ___Form filed by One Reporting Person
(Month/Year) _X_Form filed by More than One
New York New York 10043 52-1568099 Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct Bene-
(Month/ End of (D) or ficial
Day/ ------------------------------------------- Month Indirect Owner-
Year) (A) or (I) ship
Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4)
and 4)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 1474 (7-97)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex-
Exercise Date (Instr. 8) quired (A) or Dis- piration Date
Price of (Month/ posed of (D) (Month/Day/
Deriv- Day/ (Instr. 3, 4, and 5) Year)
ative Year)
Security
--------------------
Date Expira-
-------------------------------------- Exer- tion
cisable Date
Code V (A) (D)
<S><C>
- ------------------------------------------------------------------------------------------------------------------------
Class A Preferred Stock ++ 10/13/98 J ++ ++ ++
- ------------------------------------------------------------------------------------------------------------------------
Class B Preferred Stock ++ 10/13/98 J ++ ++ ++
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------
7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature
lying Securities of of Deriv- ship of In-
(Instr. 3 and 4) Deriv- ative Form direct
ative Securi- of De- Bene-
Secur- ties rivative ficial
ity Bene- Secu- Own-
(Instr. ficially rity: ership
5) Owned Direct (Instr. 4)
at End (D) or
Amount or of Indi-
Title Number of Month rect (I)
Shares (Instr. 4) (Instr. 4)
<S><C>
- ------------------------------------------------------------------------------------------
Common Stock 0 ++ ++ ++ ++
- ------------------------------------------------------------------------------------------
Common Stock 0 ++ ++ ++ ++
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------
Explanation of Responses:
+ Citigroup Inc. ("Citigroup", formerly known as Travelers Group Inc.)
is making this joint filing on Form 4 on its behalf and on behalf of
the entities and individuals (collectively, the "Reporting Persons")
listed on Annex A hereto in accordance with instruction 4(b)(v) to
this Form 4 and has signed this Form 4 on its behalf. The signatures
of each of the entities and individuals on whose behalf Citigroup is
making this joint filing appear on Annex B hereto.
++ Effective October 13, 1998, IMC Mortgage Company ("IMC"), with the
consent of the required percentage of the holders of the Class A
Convertible Preferred Stock of IMC (the "Class A Shares") and the
holders of the option to acquire the Class B Convertible Preferred
Stock of IMC (the "Class B Shares", and, together with the Class A
Shares, the "Shares"), respectively, amended and restated its
Articles of Amendment relating to the Class A Shares and the Class
B Shares, such amendment having the effect, among other things, of
terminating the right of the Reporting Persons to convert the Shares
into Common Stock of IMC (the "Common Stock"). Accordingly, the
Reporting Persons are no longer subject to Section 16 of the
Securities Exchange Act of 1934, as amended, with respect to the
Common Stock because they no longer beneficially own any shares of
Common Stock.
CITIGROUP INC.
By: /s/ Marla Berman
----------------------------------- -----------
**Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date
Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 2 of 5
SEC 1474 (7-97)
</TABLE>
<PAGE>
ANNEX A TO FORM 4
Citigroup Inc. is making this joint filing on Form 4 on its own behalf and on
behalf of the following entities:
1. Travelers Casualty and Surety Company (I.R.S. Identification No. 06-6033504)
2. The Travelers Insurance Company (I.R.S. Identification No. 06-0566090)
3. Greenwich Street Investments II, L.L.C. (I.R.S. Identification No.
13-4012044)
4. Greenwich Street Capital Partners II, L.P. (I.R.S. Identification No.
13-4012047)
5. GSCP Offshore Fund, L.P. (I.R.S. Identification No. 52-2110184)
6. Greenwich Fund, L.P. (I.R.S. Identification No. 13-4012046)
7. Alfred C. Eckert III
8. Keith W. Abell
9. Sanjay H. Patel
Page 3 of 5
<PAGE>
ANNEX B TO FORM 4
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Date: November 9, 1998
TRAVELERS CASUALTY AND SURETY COMPANY
By: /s/ Marla Berman
----------------------------------
Name: Marla Berman
Title: Assistant Secretary
THE TRAVELERS INSURANCE COMPANY
By: /s/ Marla Berman
----------------------------------
Name: Marla Berman
Title: Assistant Secretary
GREENWICH STREET CAPITAL PARTNERS II, L.P.
GSCP OFFSHORE FUND, L.P.
GREENWICH FUND, L.P.
By: GREENWICH STREET
INVESTMENTS II, L.L.C., their
General Partner
By: /s/ Sanjay H. Patel
--------------------------------
Name: Sanjay H. Patel
Title: Managing Member
GREENWICH STREET INVESTMENTS II, L.L.C.
By: /s/ Sanjay H. Patel
--------------------------------
Name: Sanjay H. Patel
Title: Managing Member
Page 4 of 5
<PAGE>
/s/ Alfred C. Eckert
-------------------------
Name: Alfred C. Eckert III
/s/ Keith W. Abell
-------------------------
Name: Keith W. Abell
/s/ Sanjay H. Patel
-------------------------
Name: Sanjay H. Patel
Page 5 of 5
