SEC Form 4 · accession 0001127602-16-039440
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sheila A Stamps
Director
Period of report
Feb 3, 2016
Accepted (ET)
Feb 4, 2016 · 10:55 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 3, 2016 | A | 552 | — | A | 3,156 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Units are scheduled to vest one-third per year on the first, second and third anniversaries of the grant date and shall be settled 100% in shares of CIT common stock.
- F2Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.