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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2017
Dec 14, 2017
30125_dirs_2017-12-14_0600115c-7ceb-4da9-9369-73f321f37840.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: 2017-12-12
Reporting Person: Kandiah Gajakarnan Vibushanan (President - Digital Business)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-12 | Restricted Stock Units | $ | A | 14275 | Acquired | Class A Common Stock (14275) | 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 December 12, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on March 12, 2018, 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 December 12, 2020.