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4//SEC Filing

FOSTER NANCY J 4

Accession 0001127602-09-025087

CIK 0001171825other
View on SEC.govCompany Profile

Filed

Dec 13, 7:00 PM ET

Accepted

Dec 14, 4:26 PM ET

Size

14.4 KB

Accession

0001127602-09-025087

Insider Transaction Report

Form 4
Period: 2009-12-10
CIT GROUP INCCIT
FOSTER NANCY J
Exec. VP & Chief Risk Officer
Transactions
  • Other

    Common Stock

    2009-12-10−14,400→ 0 total
  • Other

    Option (Right to Buy)

    2009-12-10−30,000→ 0 total
    Exercise: $8.47Exp: 2015-07-17→ Common Stock (30,000 underlying)
  • Other

    Restricted Cash Unit

    2009-12-10−9,457→ 0 total
    Exp: 2010-01-17→ Common Stock (9,457 underlying)
  • Other

    Option (Right to Buy)

    2009-12-10−8,572→ 0 total
    Exercise: $21.15Exp: 2015-01-17→ Common Stock (8,572 underlying)
  • Other

    Option (Right to Buy)

    2009-12-10−30,000→ 0 total
    Exercise: $2.29Exp: 2016-01-22→ Common Stock (30,000 underlying)
Footnotes (6)
  • [F1]Pursuant to the Modified Second Amended Prepackaged Plaln of Reorganization of CIT Group Inc. and CIT Group Funding Company of Delaware LLC, which was approved by the United States Bankruptcy Court for the Southern District of New York, the common stock, par value $0.01 per share, of CIT Group Inc. was cancelled without value upon CIT's emergence from bankruptcy on December 10, 2009
  • [F2]Options granted on 1/17/2008 and vest in 1/3 increments on each anniversary of the grant date. Options shall be fully vested on 1/17/2011.
  • [F3]Each Restricted Cash Unit is the economic equivalent of one share of CIT common stock.
  • [F4]Restricted Cash Units vest in 50% increments on each of the first and second anniversaries of 1/17/2008, the date of grant, and are payable in cash based on the closing price of CIT common stock on the vest date.
  • [F5]Options vest and become exercisable in three equal installments on each of the 1st, 2nd, and 3rd anniversaries of the grant date.
  • [F6]Options granted on 7/17/2008 and vest in 1/3 increments on each anniversary of the grant date. Options shall be fully vested on 7/17/2011.

Documents

1 file

Issuer

CIT GROUP INC

CIK 0001171825

→
Entity typeother

Related Parties

1
  • filerCIK 0001452292

Filing Metadata

Form type
4
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:26 PM ET
Size
14.4 KB
View on SEC.gov