Key facts
- This page summarizes Michael A. Carpenter's Form 4 filing for CIT GROUP INC.
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 03 Jun 2021, 19:07.
Michael A. Carpenter - 01 Jun 2021 Form 4 Insider Report for CIT GROUP INC
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 01 Jun 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 03 Jun 2021, 19:07:42 UTC
- Prior SEC filing
- 18 May 2021
- Next SEC filing
- 17 Jun 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ James P. Shanahan, attorney-in-fact for Mr. Carpenter
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael A. Carpenter filed Form 4 for CIT GROUP INC on 03 Jun 2021.
Change
- Previous filing in this sequence was filed on 18 May 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CIT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -8,480
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,480
- Exercise price
- Footnotes
- F1, F2, F3, F4
CIT
transaction
Derivative
Deferred Share Unit
Options Exercise
- Transaction value
- Shares
- +8,480
- Change %
- +86%
- Price
- Shares after
- 18,303
- Date
- 01 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,480
- Exercise price
- Footnotes
- F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
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.
Footnote F2
Each Deferred Share Unit is the economic equivalent of one share of CIT common stock.
Footnote F3
Filer elected to receive 100% stock upon settlement.
Footnote F4
Each restricted stock unit ("RSU") has the economic equivalent of one share of CIT common stock.
Footnote F5
Filer elected to defer issuance of stock until no longer a member of the Board.
Footnote F6
Deferred share units ("DSU") will expire and settle in shares of common stock upon filer's departure from the Board.