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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2013
Dec 4, 2013
30125_dirs_2013-12-04_c01dbd1a-2d17-4ac1-aa77-ce9593929213.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: 2013-12-02
Reporting Person: Thiruvengadam Sridhar (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-02 | Class A Common Stock | M | 1880 | $0.00 | Acquired | 24757 | Direct |
| 2013-12-02 | Class A Common Stock | F | 640 | $93.35 | Disposed | 24117 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-02 | Restricted Stock Units | $0.00 | M | 1880 | Disposed | 2013-12-02 | Class A Common Stock (1880) | Direct |
Footnotes
F1: Represents the number of shares of Class A Common Stock received from the vesting of 1/2 of the vested performance-based restricted stock units previously granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on March 21, 2011.
F2: Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
F3: Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F4: The performance-based restricted stock units were granted on March 21, 2011 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award, 1/2 of the vested performance-based restricted stock units were issued on June 1, 2012. The remaining 1/2 of the vested performance-based restricted stock units were issued on December 2, 2013.