SEC Form 4 · accession 0001127602-18-024126
CIT GROUP INC · CIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise M. Menelly
Officer — EVP, Head of Technology & Ops
Period of report
Jul 29, 2018
Accepted (ET)
Jul 31, 2018 · 4:20 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,F3 | Jul 29, 2018 | F | 5,929 | $52.92 | D | 40,141 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- F2Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
- F3The restricted stock units vested on a Sunday, therefore, the closing price of CIT common stock on the immediately preceding Friday was used for the settlement.