SEC Form 4 · accession 0001127602-15-024243
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nelson Chai
Officer — Co-President
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 3:56 pm EDT
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 | Aug 3, 2015 | A | 106,202 | — | A | 309,929 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1RSUs are scheduled to vest 100% on the third anniversary of the date of grant and shall settle 100% in shares of CIT Common Stock.
- F2Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.