Hubbard James R. 4
4 · CIT GROUP INC · Filed Feb 24, 2020
Insider Transaction Report
Form 4
Hubbard James R.
EVP, General Counsel & Secy
Transactions
- Award
Common Stock
2020-02-20+4,693.367→ 8,951.505 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, 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.