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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019
Dec 4, 2019
30125_dirs_2019-12-04_22ec3e74-29c6-4add-a3d9-142efef5a70e.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: 2019-12-02
Reporting Person: Veeraraghavachary Srinivasan (EVP - Chief Operating Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-02 | Restricted Stock Units | $ | A | 9872 | Acquired | Class A Common Stock (9872) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation.
F2: The restricted stock units were granted on December 2, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on April 1, 2020, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on January 1, 2023.