SEC Form 4 · accession 0001127602-16-067924
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura S Unger
Director
Period of report
Nov 18, 2016
Accepted (ET)
Nov 21, 2016 · 5:21 pm 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 Stock | Nov 18, 2016 | M | 5,815 | $35.55 | A | 10,452 | D | |
| Common Stock | Nov 18, 2016 | F | 1,102 | $40.87 | D | 9,350 | D | |
| Common Stock | Nov 18, 2016 | F | 3,673 | $40.86 | D | 5,677 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F2 | $33.55 | Nov 18, 2016 | M | 5,815 | D | — | Jan 12, 2017 | Common Stock | 5,815 | 0 | D |
Explanation of responses
- F1Shares withheld to cover option cost.
- F2Options vest in three equal installments on each of the 1st, 2nd, and 3rd anniversaries of the grant date, commencing January 12, 2011.