BROSNAN MICHAEL L. 4
4 · CIT GROUP INC · Filed May 14, 2020
Insider Transaction Report
Form 4
BROSNAN MICHAEL L.
Director
Transactions
- Award
Restricted Stock Units
2020-05-12+9,497.965→ 9,497.965 total→ Common Stock (9,497.965 underlying)
Footnotes (2)
- [F1]RSUs are scheduled to vest 100% on June 1, 2021 and are payable 50% in shares of CIT common stock and 50% in cash. The cash payment shall be based on the closing price of CIT common stock on the date of settlement.
- [F2]Filer elected to receive 100% stock upon settlement.