UNGER LAURA S 4

4 · CIT GROUP INC · Filed May 19, 2020

Form 4

Period: 2020-05-15

Director

Transactions

Exercise/Conversion
Common Stock
2020-05-15+749.463→ 11,398.702 total
Exercise/Conversion
Common Stock
2020-05-15+658.514→ 11,682.483 total
Disposition to Issuer
Common Stock
2020-05-15$14.27/sh−329.257$4,698→ 11,353.226 total
Exercise/Conversion
Restricted Stock Units
2020-05-15−2,450.5→ 0 total
→ Common Stock (2,450.5 underlying)
Disposition to Issuer
Common Stock
2020-05-15$14.27/sh−374.733$5,347→ 11,023.969 total
Exercise/Conversion
Restricted Stock Units
2020-05-15−749.463→ 0 total
→ Common Stock (749.463 underlying)
Exercise/Conversion
Restricted Stock Units
2020-05-15−658.514→ 658.514 total
→ Common Stock (658.514 underlying)
Exercise/Conversion
Deferred Share Unit
2020-05-15+2,450.5→ 16,639.419 total
→ Common Stock (2,450.5 underlying)

Holdings

Footnotes (9)

[F1]The restricted stock units settled 50% in stock and 50% in cash, which was deemed to occur through an acquisition of 100% of the underlying shares of CIT common stock and a simultaneous disposition to the issuer of 50% of the underlying shares of CIT common stock.
[F2]Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
[F3]RSUs are scheduled to vest in three equal installments on May 15, 2018, 2019, and 2020 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 vesting date.
[F4]RSUs are scheduled to vest in three equal installments on May 15, 2019, 2020, and 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 vesting date.
[F5]RSUs are scheduled to vest fully on May 15, 2020 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 vesting date.
[F6]Filer elected to defer issuance of stock until no longer a member of the Board.
[F7]Filer elected to receive 100% stock upon settlement.
[F8]Each Deferred Share Unit is the economic equivalent of one share of CIT common stock.
[F9]Deferred share units ("DSU") will expire and settle in shares of common stock upon filer's departure from the Board.

Documents

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