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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010
Jan 14, 2010
30125_dirs_2010-01-14_21b5807e-363a-446b-b196-8915eece7c87.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2010-01-13
Reporting Person: NARAYANAN LAKSHMI (Director, Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-13 | Class A Common Stock | M | 40000 | $2.37 | Acquired | 40000 | Direct |
| 2010-01-13 | Class A Common Stock | S | 40000 | $48.60 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-13 | Class A Common Stock Option (Right to Buy) | $2.37 | M | 40000 | Disposed | 2011-03-29 | Class A Common Stock (40000) | Direct |
Footnotes
F1: Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
F2: Such options were granted on March 29, 2001 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options vested as follows: 20% on March 29, 2002, 20% on March 29, 2003, 30% on March 29, 2004, and 30% on March 29, 2005. The date exercisable above reflects the first anniversary of such option grant.
F3: Excludes previously granted options for an aggregate of 1,340,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.