CIT GROUP INC 4
4 · CIT GROUP INC · Filed Sep 20, 2007
Insider Transaction Report
Form 4
MARSIELLO LAWRENCE A
Vice Chrmn, Chief Credit Off.
Transactions
- Sale
Common Stock
2007-09-19$42.00/sh−56,215$2,361,030→ 89,535.871 total - Exercise/Conversion
Option (Right to Buy)
2007-09-19−56,215→ 66,152 totalExercise: $23.00From: 2006-07-02Exp: 2012-07-02→ Common Stock (56,215 underlying) - Exercise/Conversion
Common Stock
2007-09-19$23.00/sh+56,215$1,292,945→ 145,750.871 total
Footnotes (2)
- [F1]Options vest in 25% increments on the anniversary of the grant date for a period of 4 years and shall be 100% vested on July 2, 2006.
- [F2]Option exercise and sale of shares in accordance with a written plan established December 19, 2006 pursuant to the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.