SEC Form 4 · accession 0001127602-15-004257
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Thain
Officer — Chairman & CEO · Director
Period of report
Feb 1, 2015
Accepted (ET)
Feb 4, 2015 · 8:10 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171825
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 1, 2015 | F | 29,505 | $43.82 | D | 423,190 | D | |
| Common Stock | holding | — | — | — | 78,871 | I | John A. Thain 2012 Grantor Retained Annuity Trust u/a/d 6-15-2012 (GRAT Trust) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld to satisfy tax withholding obligations arising from 2/1/2015 settlement of restricted stock units granted on 1/30/2013 and 2/20/2014.
- F2The restricted stock units vested on a Sunday, therefore, the closing price of CIT common stock on the immediately preceding Friday was used for the settlement.