BROSNAN MICHAEL L. 4
4 · CIT GROUP INC · Filed Jun 3, 2021
Insider Transaction Report
Form 4
BROSNAN MICHAEL L.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-06-01−9,497.965→ 0 total→ Common Stock (9,497.965 underlying) - Exercise/Conversion
Common Stock
2021-06-01+9,497.965→ 24,039.571 total
Footnotes (3)
- [F1]Filer elected to receive 100% stock upon settlement.
- [F2]Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
- [F3]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.