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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019
Jun 18, 2019
30125_dirs_2019-06-18_0e73a21f-0a21-4324-bf25-640f1e5ea717.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: 2019-06-15
Reporting Person: Abdalla Zein (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-15 | Class A Common Stock | M | 587 | — | Acquired | 6397 | Direct |
| 2019-06-15 | Class A Common Stock | F | 166 | $61.64 | Disposed | 6231 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-15 | Restricted Stock Units | $ | M | 587 | Disposed | Class A Common Stock (587) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3 of the restricted stock unit award granted on June 15, 2016.
F2: Each restricted stock unit 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 restricted stock units were granted on June 15, 2016 and vested in three equal annual installments over three years, commencing on June 15, 2017, with 1/3rd of the stock units vesting on each annual vesting date so that the stock units would be fully vested on the third annual vesting date. The stock units were fully vested on June 15, 2019.