MASON ALEXANDER T 4
4 · CIT GROUP INC · Filed Dec 14, 2009
Insider Transaction Report
Form 4
MASON ALEXANDER T
President & COO
Transactions
- Other
Common Stock
2009-12-10−784,893→ 0 total - Other
Option (Right to Buy)
2009-12-10−657,895→ 0 totalExercise: $2.29Exp: 2016-01-22→ Common Stock (657,895 underlying) - Other
Option (Right to Buy)
2009-12-10−450,000→ 0 totalExercise: $8.47Exp: 2015-07-17→ Common Stock (450,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Modified Second Amended Prepackaged Plaln of Reorganization of CIT Group Inc. and CIT Group Funding Company of Delaware LLC, which was approved by the United States Bankruptcy Court for the Southern District of New York, the common stock, par value $0.01 per share, of CIT Group Inc. was cancelled without value upon CIT's emergence from bankruptcy on December 10, 2009
- [F2]Options vest and become exercisable in three equal installments on each of the 1st, 2nd, and 3rd anniversaries of the grant date.