CIT GROUP INC 4
4 · CIT GROUP INC · Filed Mar 17, 2017
Insider Transaction Report
Form 4
Alderoty Stuart A
EVP, General Counsel & Secy.
Transactions
- Award
Common Stock
2017-03-15+7,213.273→ 36,299.146 total
Footnotes (2)
- [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.