HARNISCH DAVID 4
4 · CIT GROUP INC · Filed Oct 25, 2019
Insider Transaction Report
Form 4
HARNISCH DAVID
Pres., Commercial & RE Finance
Transactions
- Award
Common Stock
2019-10-23+22,471.91→ 22,471.91 total - Award
Common Stock
2019-10-23+11,235.955→ 33,707.865 total
Footnotes (3)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and will vest one-third per year on November 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 performance based restricted stock unit ("PBRSU") has the economic equivalent of one share of CIT common stock.
- [F3]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and will vest one-third per year on November 1, 2020 and March 1, 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.