X0202 4 2006-10-17 0001171825 CIT GROUP INC CIT 0001243319 RYAN JOHN R C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039 1 Common Stock 2006-10-17 4 A 0 302 0 A 1916 D Common Stock 2006-10-17 4 A 0 906 0 A 2822 D Shares fully vest on first anniversary of grant date. Shares were granted based on the fair market value of CIT common stock on October 18, 2006 of $49.71 in lieu of cash compensation, pursuant to a pre-existing election by Filer. Shares vest in increments of 1/3 for a period of 3 years, commencing on the first anniversary of the grant date. Award based on fair market value of $49.71 on October 18, 2006. James P. Shanahan, Attorney-in-Fact for Mr. Ryan 2006-10-19