CARPENTER MICHAEL A 4/A
4/A · CIT GROUP INC · Filed May 19, 2020
Insider Transaction Report
Form 4/AAmended
CARPENTER MICHAEL A
Director
Transactions
- Award
Restricted Stock Units
2020-05-12+8,480.326→ 8,480.326 total→ Common Stock (8,480.326 underlying)
Holdings
- 14,983.475
Common Stock
Footnotes (3)
- [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 defer issuance of stock until no longer a member of the Board.
- [F3]Filer elected to receive 100% stock upon settlement.