CIT GROUP INC 4

4 · CIT GROUP INC · Filed May 18, 2015

Form 4

Period: 2015-05-14

Director

Transactions

Exercise/Conversion
Deferred Share Unit
2015-05-15+1,117.956→ 8,916.257 total
→ Common Stock (1,117.956 underlying)
Exercise/Conversion
Deferred Share Unit
2015-05-14+906→ 7,798.301 total
→ Common Stock (906 underlying)
Exercise/Conversion
Restricted Stock Units
2015-05-14−906→ 906.623 total
→ Common Stock (906 underlying)
Exercise/Conversion
Restricted Stock Units
2015-05-15−1,117.956→ 0 total
→ Common Stock (1,117.956 underlying)

Footnotes (7)

[F1]Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
[F2]Filer elected to defer issuance of stock until he is no longer a member of the Board.
[F3]Filer elected to receive 100% stock upon settlement.
[F4]RSUs are scheduled to vest in three equal installments on the first, second and third anniversaries of the date of grant and are payable 50% in shares of CIT common stock and 50% in cash. The cash payment shall be based on the closing price of CIT common stock on the vesting date.
[F5]Each restricted stock unit ("RSU") had the economic equivalent of one share of CIT common stock.
[F6]Each Deferred Share Unit is the economic equivalent of one share of CIT common stock.
[F7]Deferred share units ("DSU") will expire and settle in shares of common stock upon filer's departure from the Board.

Documents

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