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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010
Jan 13, 2010
30125_dirs_2010-01-13_97c600d7-6c14-4cbe-91b2-6fe257ae4e96.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: 2010-01-12
Reporting Person: RAMAKRISHNAN CHANDRASEKARAN (Pres. & MD, Global Delivery)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-12 | Class A Common Stock | M | 25000 | $33.71 | Acquired | 40328 | Direct |
| 2010-01-12 | Class A Common Stock | S | 25000 | $48.14 | Disposed | 15328 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-12 | Class A Common Stock Option (Right to Buy) | $33.71 | M | 25000 | Disposed | 2016-08-07 | Class A Common Stock (25000) | Direct |
Footnotes
F1: Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
F2: Such options were granted on August 7, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options vest as follows: 25% on August 7, 2007; 25% on August 7, 2008; 25% on August 7, 2009 and 25% on August 7, 2010. The options will be fully vested on August 7, 2010.
F3: Excludes previously granted options for an aggregate of 298,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.