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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019
Jan 3, 2019
30125_dirs_2019-01-03_ddce2d0a-f7f1-428c-b536-2a8fee73c480.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: 2019-01-01
Reporting Person: CHINTAMANENI RAMAKRISHNA PRASAD (President Global Inds. & Cnslt)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-01 | Class A Common Stock | M | 7179 | $0.00 | Acquired | 38244 | Direct |
| 2019-01-01 | Class A Common Stock | F | 2724 | $63.48 | Disposed | 35520 | Direct |
| 2019-01-01 | Class A Common Stock | M | 1448 | $0.00 | Acquired | 36968 | Direct |
| 2019-01-01 | Class A Common Stock | F | 529 | $63.48 | Disposed | 36439 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-01 | Restricted Stock Units | $0.00 | M | 7179 | Disposed | 2019-01-01 | Class A Common Stock (7179) | Direct |
| 2019-01-01 | Restricted Stock Units | $0.00 | M | 1448 | Disposed | 2019-01-01 | Class A Common Stock (1448) | Direct |
Footnotes
F1: Represents the number of shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of the performance-based restricted stock unit ("PSU") award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on February 16, 2016.
F2: Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
F3: Represents the number of shares of the Company's Class A Common Stock received from the vesting of 2/3rds of the PSU award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on December 1, 2016.
F4: Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F5: The PSUs were granted on February 16, 2016 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the PSU award agreement, 1/3rd of the PSUs were vested and issuable on July 1, 2018, provided that the reporting person remained in the Company's service through such date. The remaining 2/3rds of the PSUs were vested and issuable on January 1, 2019, provided that the reporting person remained in the Company's service through such date.
F6: The PSUs were granted on December 1, 2016 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the PSU award agreement, 1/3rd of the PSUs were vested and issuable on July 1, 2018, provided that the reporting person remained in the Company's service through such date. The remaining 2/3rds of the PSUs were vested and issuable on January 1, 2019, provided that the reporting person remained in the Company's service through such date.