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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2021
May 26, 2021
30125_dirs_2021-05-25_ce7130e0-8ace-45b8-b68b-50405143cde0.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: 2021-05-23
Reporting Person: Siegmund Jan (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-23 | Class A Common Stock | M | 2572 | — | Acquired | 15626 | Direct |
| 2021-05-23 | Class A Common Stock | F | 1365 | $71.24 | Disposed | 14261 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-23 | Restricted Stock Units | $ | M | 2572 | Disposed | Class A Common Stock (2572.0) | 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 ("RSU") award granted on February 23, 2021.
F2: Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: Includes 314 shares acquired under the Company's 2004 Employee Stock Purchase Plan, as amended, on March 31, 2021.
F4: Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5: The RSUs were granted on February 23, 2021 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on May 23, 2021, 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 23, 2024.