SEC Form 4 · accession 0001127602-17-024335
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Khanh T Tran
Director
Period of report
Jul 27, 2017
Accepted (ET)
Jul 28, 2017 · 5:19 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 StockF3 | Jul 27, 2017 | A | 3,740 | — | A | 3,740 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F120.877 RSUs settled in stock immediately upon grant. The balance of the RSUs are scheduled to vest in three equal installments on July 27, 2018, 2019 and 2020. RSUs will settle 100% in shares of common stock of CIT.
- F2Filer elected to receive 100% stock upon settlement.
- F3Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.