McPhail Kenneth 4
4 · CIT GROUP INC · Filed Feb 23, 2018
Insider Transaction Report
Form 4
McPhail Kenneth
EVP, Chief Strategy Officer
Transactions
- Award
Common Stock
2018-02-21+3,709.887→ 13,988.403 total
Footnotes (2)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and will vest one-third per year on March 1, 2019, 2020, and 2021, 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 restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.