4//SEC Filing
CIT GROUP INC 4
Accession 0001127602-16-046782
CIK 0001171825operating
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 4:16 PM ET
Size
11.3 KB
Accession
0001127602-16-046782
Insider Transaction Report
Form 4
INGATO ROBERT J
Exec VP and General Counsel
Transactions
- Award
Common Stock
2016-03-15+12,300.124→ 56,126.024 total - Tax Payment
Common Stock
2016-03-15$32.52/sh−1,629$52,975→ 58,868.353 total - Award
Common Stock
2016-03-15+4,371.329→ 60,497.353 total - Award
Common Stock
2016-03-15+2,114.212→ 60,982.565 total - Tax Payment
Common Stock
2016-03-15$32.52/sh−949$30,861→ 60,033.565 total
Footnotes (6)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and vest one-third per year on March 1, 2017, 2018 and 2019, subject to a performance based vesting hurdle (minimum Common Equity Tier 1 for well-capitalized Banks as established by the Federal Reserve Board).
- [F2]Each performance based restricted stock unit has the economic equivalent of one share of CIT common stock.
- [F3]Shares acquired upon final certification of performance share units awarded for the 2013-2015 performance period.
- [F4]Each performance share unit ("PSU") had the economic equivalent of one share of CIT common stock.
- [F5]Shares withheld to satisfy tax withholding obligations arising from settlement of performance share units.
- [F6]Shares acquired upon certification of first installment of performance share units awarded for the 2015-2017 performance period.
Documents
Issuer
CIT GROUP INC
CIK 0001171825
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001171825
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 4:16 PM ET
- Size
- 11.3 KB