4//SEC Filing
Dominguez Dorene 4
Accession 0001127602-21-019087
CIK 0001171825other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 7:10 PM ET
Size
8.6 KB
Accession
0001127602-21-019087
Insider Transaction Report
Form 4
Dominguez Dorene
Director
Transactions
- Disposition to Issuer
Common Stock
2021-06-01$53.32/sh−3,900.95$207,999→ 9,505.39 total - Exercise/Conversion
Common Stock
2021-06-01+7,801.9→ 13,406.34 total - Exercise/Conversion
Restricted Stock Units
2021-06-01−7,801.9→ 0 total→ Common Stock (7,801.9 underlying)
Footnotes (3)
- [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 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.
Documents
Issuer
CIT GROUP INC
CIK 0001171825
Entity typeother
Related Parties
1- filerCIK 0001394299
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 7:10 PM ET
- Size
- 8.6 KB