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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019
Apr 2, 2019
30125_dirs_2019-04-02_da397224-2541-454d-a899-b1535bd27dac.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: 2019-03-31
Reporting Person: DSOUZA FRANCISCO (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-31 | Class A Common Stock | M | 20821 | — | Acquired | 465149 | Direct |
| 2019-03-31 | Class A Common Stock | F | 10650 | $72.45 | Disposed | 454499 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-31 | Restricted Stock Units | $ | M | 20821 | Disposed | Class A Common Stock (20821) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/4th of the time-based restricted stock units (the "RSUs") granted on February 26, 2019.
F2: Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
F4: The RSUs were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan. One fourth (1/4th) of the RSUs vested on March 31, 2019 and 3/4ths will vest on June 30, 2019. The RSUs will be fully vested on June 30, 2019.