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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022
Nov 17, 2022
30125_dirs_2022-11-17_b26c5190-6a88-4efa-b10a-4b9340a01de6.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: 2022-11-15
Reporting Person: Kim John Sunshin (EVP & General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-15 | Restricted Stock Units | $ | A | 3127 | Acquired | Class A Common Stock (3127.0) | 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: A total of 3,127 RSUs were granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such grant will begin vesting in nine successive quarterly installments, commencing on February 15, 2023, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (February 15, 2025).