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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2013
Jun 6, 2013
30125_dirs_2013-06-06_7016cd44-616a-45fc-a5b5-1255fbc6cc9d.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: 2013-06-04
Reporting Person: HOWE ROBERT W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-04 | Class A Common Stock Option (Right to Buy) | $64.82 | A | 5780 | Acquired | 2020-06-04 | Class A Common Stock (5780) | Direct |
| 2013-06-04 | Restricted Stock Units | $ | A | 1542 | Acquired | Class A Common Stock (1542) | Direct |
Footnotes
F1: The options vest in two equal annual installments beginning on June 4, 2014.
F2: Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: The restricted stock units vest in three equal annual installments beginning on June 4, 2014.
F4: Vested shares will be delivered to the reporting person upon the earliest to occur of (i) a "change in control event" of the Company (ii) the Director's death or permanent disability or (iii) on July 1 following the year in which the reporting person terminates employment with the Company.