SEC Form 4 · accession 0001127602-17-012183
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Jeffrey Knittel
Officer — President, Transportation Fin.
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 4:43 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 | Mar 15, 2017 | A | 10,833 | — | A | 169,155 | D | |
| Common Stock | Mar 15, 2017 | F | 5,587 | $41.59 | D | 163,568 | D | |
| Common StockF2 | Mar 15, 2017 | A | 8,503 | — | A | 172,070 | D | |
| Common Stock | Mar 15, 2017 | F | 4,385 | $41.59 | D | 167,685 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired upon final certification of performance share units awarded for the 2014-2016 performance period.
- F2Each performance share unit ("PSU") had the economic equivalent of one share of CIT common stock.
- F3Shares withheld to satisfy tax withholding obligations arising from settlement of performance share units.
- F4Shares acquired upon certification of the second tranche of performance share units awarded for the 2015-2017 performance period.