0001127602-21-019086.txt : 20210603
0001127602-21-019086.hdr.sgml : 20210603
20210603190742
ACCESSION NUMBER: 0001127602-21-019086
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210601
FILED AS OF DATE: 20210603
DATE AS OF CHANGE: 20210603
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CARPENTER MICHAEL A
CENTRAL INDEX KEY: 0001225174
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31369
FILM NUMBER: 21994215
MAIL ADDRESS:
STREET 1: 425 PARK AVENUE 2ND FL
CITY: NEW YORK
STATE: NY
ZIP: 10043
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CIT GROUP INC
CENTRAL INDEX KEY: 0001171825
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 651051192
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 CIT DRIVE
CITY: LIVINGSTON
STATE: NJ
ZIP: 07039
BUSINESS PHONE: 9737405000
MAIL ADDRESS:
STREET 1: 1 CIT DRIVE
CITY: LIVINGSTON
STATE: NJ
ZIP: 07039
FORMER COMPANY:
FORMER CONFORMED NAME: CIT GROUP INC DEL
DATE OF NAME CHANGE: 20020422
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2021-06-01
0001171825
CIT GROUP INC
CIT
0001225174
CARPENTER MICHAEL A
C/O CIT GROUP INC.
1 CIT DRIVE, #3251-9
LIVINGSTON
NJ
07039
1
Restricted Stock Units
2021-06-01
4
M
0
8480.326
D
Common Stock
8480.326
0
D
Deferred Share Unit
2021-06-01
4
M
0
8480.326
A
Common Stock
8480.326
18303.187
D
RSUs are scheduled to vest 100% on June 1, 2021 and are payable 50% in shares of CIT common stock and 50% in cash. The cash payment shall be based on the closing price of CIT common stock on the date of settlement.
Each Deferred Share Unit is the economic equivalent of one share of CIT common stock.
Filer elected to receive 100% stock upon settlement.
Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
Filer elected to defer issuance of stock until no longer a member of the Board.
Deferred share units ("DSU") will expire and settle in shares of common stock upon filer's departure from the Board.
/s/ James P. Shanahan, attorney-in-fact for Mr. Carpenter
2021-06-03