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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019
Oct 2, 2019
30125_dirs_2019-10-02_6f291276-a9c9-4cdd-b13e-f95ca62824b4.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: 2019-09-30
Reporting Person: DSOUZA FRANCISCO (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-30 | Class A Common Stock | M | 20822 | — | Acquired | 598988 | Direct |
| 2019-09-30 | Class A Common Stock | F | 10583 | $60.265 | Disposed | 588405 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-30 | Restricted Stock Units | $ | M | 20822 | Disposed | Class A Common Stock (20822) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting and settlement 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 number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4: The RSUs were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan. Of the 62,466 shares of Class A Common Stock underlying RSUs that vested on June 30, 2019, such shares will be settled and issuable to Mr. D'Souza as follows: 1/3rd on June 30, 2019, 1/3rd on September 30, 2019 and 1/3rd on December 31, 2019.