RUSSO VICTOR D 4
4 · CIT GROUP INC · Filed Jan 23, 2004
Insider Transaction Report
Form 4
RUSSO VICTOR D
President, Business Credit
Transactions
- Award
Common Stock
2003-12-31$25.07/sh+128.973$3,234→ 27,629.188 total - Award
Option 1/21/04 ($39.22)
2004-01-21$39.22/sh+30,000$1,176,600→ 30,000 totalExercise: $39.22From: 2005-01-21Exp: 2014-01-21→ Common Stock (30,000 underlying) - Award
Common Stock
2003-09-30$20.60/sh+157.025$3,234→ 27,500.215 total
Footnotes (2)
- [F1]Acquired through CIT Group Inc. Employee Stock Purchase Plan, under which participants purchase shares quarterly through payroll deductions at 85% of the lower of the fair market value on either the 1st or last business day of the period.
- [F2]Options vest on the anniversary of the grant date in increments of 1/3 each year for a period of 3 years, commencing on January 2 1, 2005.