CIT GROUP INC 4
4 · CIT GROUP INC · Filed Feb 22, 2016
Insider Transaction Report
Form 4
Allen Bryan David
EVP, Chief HR Officer
Transactions
- Award
Common Stock
2016-02-18+999.305→ 28,904.252 total
Footnotes (2)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and vest one-third per year on Feburary 1, 2017, 2018 and 2019, subject to positive pre-tax income (excluding debt redemption charges and OID acceleration) for the most recently completed fiscal year preceding each vesting date.
- [F2]Each performance based restricted stock unit ("PBRSU") has the economic equivalent of one share of CIT common stock.