MASON ALEXANDER T 4
4 · CIT GROUP INC · Filed Jan 26, 2009
Insider Transaction Report
Form 4
MASON ALEXANDER T
President & COO
Transactions
- Award
Common Stock
2009-01-22+655,022→ 784,893 total - Award
Option (Right to Buy)
2009-01-22$2.29/sh+657,895$1,506,580→ 657,895 totalExercise: $2.29Exp: 2016-01-22→ Common Stock (657,895 underlying)
Footnotes (3)
- [F1]Options vest and become exercisable in three equal installments on each of the 1st, 2nd, and 3rd anniversaries of the grant date.
- [F2]Restricted stock units are based on the closing price of CIT common stock on 1/22/09.
- [F3]Restricted Stock Units vest 100% on the third anniversary of the grant date.