SEC Form 4 · accession 0001127602-18-011850
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Rowe
Officer — EVP, Chief Risk Officer
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 4:59 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 14, 2018 | A | 7,863 | — | A | 60,017 | D | |
| Common Stock | Mar 14, 2018 | F | 3,851 | $54.04 | D | 56,166 | D | |
| Common StockF2 | Mar 14, 2018 | A | 2,361 | — | A | 58,527 | D | |
| Common Stock | Mar 14, 2018 | F | 1,157 | $54.04 | D | 57,370 | D | |
| Common Stock | Mar 15, 2018 | F | 1,678 | $54.00 | D | 55,692 | 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 2015-2017 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 withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.