Home/Filings/4/0001127602-17-012188
4//SEC Filing

CIT GROUP INC 4

Accession 0001127602-17-012188

CIK 0001171825operating

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 4:48 PM ET

Size

11.3 KB

Accession

0001127602-17-012188

Insider Transaction Report

Form 4
Period: 2017-03-15
CASHMAN GEORGE D.
President, Rail Finance
Transactions
  • Tax Payment

    Common Stock

    2017-03-15$41.59/sh575$23,91454,746.748 total
  • Award

    Common Stock

    2017-03-15+10,218.80353,877.326 total
  • Award

    Common Stock

    2017-03-15+1,444.42255,321.748 total
  • Award

    Common Stock

    2017-03-15+2,731.69257,478.44 total
  • Tax Payment

    Common Stock

    2017-03-15$41.59/sh1,249$51,94656,229.44 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.

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, 4:48 PM ET
Size
11.3 KB