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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2020
Jun 3, 2020
30125_dirs_2020-06-03_d0c1342a-66f8-4dc7-9bd1-78312666fd93.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: 2020-06-01
Reporting Person: Telesmanic Robert (SVP, Cont. & Chief Acct. Offc.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-01 | Class A Common Stock | M | 156 | — | Acquired | 9840 | Direct |
| 2020-06-01 | Class A Common Stock | F | 70 | $52.85 | Disposed | 9770 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-01 | Restricted Stock Units | $ | M | 156 | Disposed | Class A Common Stock (156) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 800 | Indirect |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on May 15, 2017.
F2: Each RSU 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 reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.
F5: The RSUs were granted on May 15, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested in quarterly installments over three years, commencing on September 1, 2017, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs would be fully vested on the twelfth quarterly vesting date. The RSUs were fully vested on June 1, 2020.