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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022
Sep 7, 2022
30125_dirs_2022-09-07_f7b4e9cb-3268-4943-b193-bf61c50b5811.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: 2022-09-05
Reporting Person: Gummadi Surya (SVP, Americas (Interim))
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-05 | Class A Common Stock | M | 256 | — | Acquired | 3032 | Direct |
| 2022-09-05 | Class A Common Stock | F | 122 | $62.33 | Disposed | 2910 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-05 | Restricted Stock Units | $ | M | 256 | Disposed | Class A Common Stock (256.0) | 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 March 5, 2020.
F2: Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4: A total of 3,080 RSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 5, 2020, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (March 5, 2023).