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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2020
Feb 5, 2020
30125_dirs_2020-02-05_2bf7f42f-cd22-4d18-8f7b-ec326e3aadbd.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: 2020-02-03
Reporting Person: Schmitt Becky (EVP and Chief People Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-03 | Restricted Stock Units | $ | A | 99824 | Acquired | Class A Common Stock (99824) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
F2: The RSUs were granted on February 3, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on May 3, 2020, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on February 3, 2023.