SEC Form 4 · accession 0001127602-17-003927
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Tobin
Director
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 5:04 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 | Feb 2, 2017 | M | 4,902 | $30.61 | A | 8,261 | D | |
| Common Stock | Feb 2, 2017 | F | 3,722 | $40.32 | D | 4,539 | 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 | $30.61 | Feb 2, 2017 | M | 4,902 | D | — | Feb 8, 2017 | Common Stock | 4,902 | 0 | D |
Explanation of responses
- F1Shares withheld to cover option cost.
- F2Options are scheduled to vest in three equal installments on each of the 1st, 2nd, and 3rd anniversaries of the grant date, commencing February 8, 2011.