X0306 4 2021-05-15 0001171825 CIT GROUP INC CIT 0001479189 OATES R. BRAD C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039 1 Common Stock 2021-05-15 4 M 0 752.587 A 19221.3778 D Common Stock 2021-05-15 4 D 0 376.294 53.59 D 18845.0838 D Restricted Stock Units 2021-05-15 4 M 0 752.587 D Common Stock 752.587 0 D The restricted stock units settled 50% in stock and 50% in cash, which was deemed to occur through an acquisition of 100% of the underlying shares of CIT common stock and a simultaneous disposition to the issuer of 50% of the underlying shares of CIT common stock. Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock. The restricted stock units vested on a Saturday, therefore, the closing price of CIT common stock on the immediately preceding Friday was used for the settlement. RSUs are scheduled to vest in three equal installments on May 15, 2019, 2020, and 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 vesting date. /s/ James P. Shanahan, attorney-in-fact for Mr. Oates 2021-05-18