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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2015
Dec 2, 2015
30125_dirs_2015-12-02_619a6755-52d2-4908-99e7-a1e2d8a7e4c5.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: 2015-11-30
Reporting Person: DSOUZA FRANCISCO (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-30 | Restricted Stock Units | $ | A | 56816 | Acquired | Class A Common Stock (56816) | 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 November 30, 2015 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 November 30, 2018.