SPERLING EDWARD K 4
4 · CIT GROUP INC · Filed Feb 11, 2021
Insider Transaction Report
Form 4
SPERLING EDWARD K
EVP & Controller
Transactions
- Award
Common Stock
2021-02-09+3,170.394→ 18,926.051 total - Award
Common Stock
2021-02-09+3,170.394→ 15,755.657 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, 2022, 2023, and 2024, subject to a performance based vesting hurdle (minimum Common Equity Tier 1 for well-capitalized Banks as established by the Federal Reserve Board).
- [F2]Performance Based Restricted Stock Units ("PBRSU") are scheduled to settle 100% in stock and will vest fully on March 1, 2024, subject to a performance based vesting hurdle (minimum Common Equity Tier 1 for well-capitalized Banks as established by the Federal Reserve Board).