Jones Michael Sterling 4
4 · CIT GROUP INC · Filed Feb 25, 2019
Insider Transaction Report
Form 4
Jones Michael Sterling
President, Business Capital
Transactions
- Award
Common Stock
2019-02-21+3,184.401→ 9,230.738 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, 2020, 2021, and 2022, 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.