4//SEC Filing
ROSENFELD GERALD 4
Accession 0001127602-21-019097
CIK 0001171825other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 7:22 PM ET
Size
7.7 KB
Accession
0001127602-21-019097
Insider Transaction Report
Form 4
ROSENFELD GERALD
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-06-01−9,158.752→ 0 total→ Common Stock (9,158.752 underlying) - Exercise/Conversion
Deferred Share Unit
2021-06-01+9,158.752→ 32,641.446 total→ Common Stock (9,158.752 underlying)
Footnotes (5)
- [F1]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.
- [F2]Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
- [F3]Each Deferred Share Unit is the economic equivalent of one share of CIT common stock.
- [F4]Filer elected to defer issuance of stock until he is no longer a member of the Board.
- [F5]Deferred share units ("DSU") will expire and settle in shares of common stock upon filer's departure from the Board.
Documents
Issuer
CIT GROUP INC
CIK 0001171825
Entity typeother
Related Parties
1- filerCIK 0001218779
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 7:22 PM ET
- Size
- 7.7 KB