PROIA GINA M. 4
4 · CIT GROUP INC · Filed Feb 24, 2020
Insider Transaction Report
Form 4
PROIA GINA M.
EVP & Head of Marketing
Transactions
- Award
Common Stock
2020-02-20+3,754.267→ 36,134.501 total - Tax Payment
Common Stock
2020-02-20$47.94/sh−1,335$64,000→ 34,799.501 total - Award
Common Stock
2020-02-20+4,171.882→ 32,380.234 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.