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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2012
Dec 5, 2012
30125_dirs_2012-12-05_b23051b8-b951-4c43-8fe7-feeb093ca859.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: 2012-12-03
Reporting Person: Mehta Rajeev (Group Chief Exec-Ind & Markets)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-12-03 | Restricted Stock Units | $ | A | 23188 | Acquired | Class A Common Stock (23188) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
F2: The restricted stock units were granted on December 3, 2012 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on December 3, 2015.
F3: This number reflects the number of stock units beneficially owned following the reported transaction and includes multiple stock unit grants with different vesting dates.