4//SEC Filing
SPERLING EDWARD K 4
Accession 0001127602-20-007185
CIK 0001171825other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:14 PM ET
Size
8.2 KB
Accession
0001127602-20-007185
Insider Transaction Report
Form 4
SPERLING EDWARD K
EVP & Controller
Transactions
- Tax Payment
Common Stock
2020-02-20$47.94/sh−726$34,804→ 14,080.263 total - Award
Common Stock
2020-02-20+2,868.169→ 12,929.129 total - Award
Common Stock
2020-02-20+1,877.134→ 14,806.263 total
Footnotes (5)
- [F1]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and will vest one-third per year on March 1, 2021, 2022, and 2023, 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]Shares acquired upon final certification of performance share units awarded for the 2017-2019 performance period.
- [F4]Each performance share unit ("PSU") had the economic equivalent of one share of CIT common stock.
- [F5]Shares withheld to satisfy tax withholding obligations arising from settlement of performance share units.
Documents
Issuer
CIT GROUP INC
CIK 0001171825
Entity typeother
Related Parties
1- filerCIK 0001658717
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:14 PM ET
- Size
- 8.2 KB