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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019
Oct 3, 2019
30125_dirs_2019-10-03_cb1b8e49-61eb-4d22-b72b-132838affdd8.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: 2019-10-01
Reporting Person: Veeraraghavachary Srinivasan (EVP - Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-01 | Class A Common Stock | M | 523 | — | Acquired | 48128 | Direct |
| 2019-10-01 | Class A Common Stock | F | 201 | $60.62 | Disposed | 47927 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-01 | Restricted Stock Units | $ | M | 523 | Disposed | Class A Common Stock (523) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the time-based restricted stock unit ("RSU") award granted on September 25, 2017.
F2: Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: Represents the number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4: The RSUs were granted on September 25, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on January 1, 2018, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on October 1, 2020.