CIT GROUP INC 4
4 · CIT GROUP INC · Filed Mar 17, 2017
Insider Transaction Report
Form 4
CASHMAN GEORGE D.
President, Rail Finance
Transactions
- Tax Payment
Common Stock
2017-03-15$41.59/sh−575$23,914→ 54,746.748 total - Award
Common Stock
2017-03-15+10,218.803→ 53,877.326 total - Award
Common Stock
2017-03-15+1,444.422→ 55,321.748 total - Award
Common Stock
2017-03-15+2,731.692→ 57,478.44 total - Tax Payment
Common Stock
2017-03-15$41.59/sh−1,249$51,946→ 56,229.44 total
Footnotes (6)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and vest one-third per year in March 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 ("PBRSU") has the economic equivalent of one share of CIT common stock.
- [F3]Shares acquired upon final certification of performance share units awarded for the 2014-2016 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 the second tranche of performance share units awarded for the 2015-2017 performance period.