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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2020
Jan 3, 2020
30125_dirs_2020-01-03_4c82faee-4448-43f8-8a13-7c578785c8e8.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: 2020-01-01
Reporting Person: Ayyar Balu Ganesh (President, Digital Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-01 | Class A Common Stock | M | 2734 | — | Acquired | 2734 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-01 | Restricted Stock Units | $ | M | 2734 | Disposed | Class A Common Stock (2734) | Direct |
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 award granted on September 16, 2019.
F2: Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: The restricted stock units were granted on September 16, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on January 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 October 1, 2022.