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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2014
Dec 29, 2014
30125_dirs_2014-12-29_5d2d8b26-7679-49b3-91ba-86f6ae582bec.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: 2014-12-24
Reporting Person: CHATTERJEE DEBASHIS (EVP, President Technology Sol.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-12-24 | Class A Common Stock | M | 2500 | $0.00 | Acquired | 29560 | Direct |
| 2014-12-24 | Class A Common Stock | F | 850 | $54.255 | Disposed | 28710 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-12-24 | Restricted Stock Units | $0.00 | M | 2500 | Disposed | 2014-12-24 | Class A Common Stock (2500) | Direct |
Footnotes
F1: Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on March 24, 2012.
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 restricted stock units were granted on March 24, 2012 under the Cognizant Technology Solutions 2009 Incentive Compensation Plan and vest in equal quarterly installments over 12 quarters beginning on June 24, 2012, so that the stock units will be fully vested on March 24, 2015.