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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2015
Jun 4, 2015
30125_dirs_2015-06-04_9c00eb77-0b4b-4ed5-ace1-e296bda5f8c1.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: 2015-06-02
Reporting Person: Breakiron-Evans Maureen (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-02 | Class A Common Stock Option (Right to Buy) | $65.60 | A | 6371 | Acquired | 2022-06-02 | Class A Common Stock (6371) | Direct |
| 2015-06-02 | Restricted Stock Units | $ | A | 1600 | Acquired | Class A Common Stock (1600) | Direct |
Footnotes
F1: The options vest in two equal annual installments beginning on June 2, 2016.
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 2, 2016.
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) in three equal annual installments beginning on July 1 following the year in which the reporting person terminates employment with the Company.