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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2018
Feb 28, 2018
30125_dirs_2018-02-28_b157ddfa-051a-48fe-a19a-fd53353d132a.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: 2018-02-26
Reporting Person: Telesmanic Robert (SVP, Cont. & Chief Acct. Offc.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-26 | Restricted Stock Units | $ | A | 4453 | Acquired | Class A Common Stock (4453) | Direct |
Footnotes
F1: Represents the total number of performance-based restricted stock units ("PSUs") that are eligible to vest as a result of the Company having attained certain performance milestones, as determined by the Company's Compensation Committee on February 26, 2018 based upon the Company's audited financial statements for the 2016 and 2017 fiscal years. The PSUs were granted on February 16, 2016 pursuant to the Company's 2009 Incentive Compensation Plan. In accordance with the award agreement, 100% of the PSUs will vest on June 1, 2018, provided that the reporting person remains in the Company's service through such date. Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock.