Hubbard James R. 4
4 · CIT GROUP INC · Filed Apr 25, 2019
Insider Transaction Report
Form 4
Hubbard James R.
EVP, General Counsel & Secy
Transactions
- Award
Common Stock
2019-04-24+4,258.138→ 4,258.138 total
Footnotes (2)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and vest one-third per year on May 1, 2020, March 1, 2021 and March 1, 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 performance based restricted stock unit ("PBRSU") has the economic equivalent of one share of CIT common stock.