HARNISCH DAVID 4
4 · CIT GROUP INC · Filed Jun 11, 2020
Insider Transaction Report
Form 4
HARNISCH DAVID
Pres., Commercial & RE Finance
Transactions
- Award
Common Stock
2020-06-10+5,022.097→ 49,159.666 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 July 1, 2021, March 1, 2022, and March 1, 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.