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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022
Aug 5, 2022
30125_dirs_2022-08-05_3753fde2-06d0-48e6-ad25-e9fe0a38261a.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: 2022-07-01
Reporting Person: Gummadi Surya (SVP, Americas (Interim))
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-01 | Restricted Stock Units | $ | A | 4409 | Acquired | Class A Common Stock (4409.0) | 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: On May 9, 2022, the Company's Compensation Committee made the grant of RSUs, effective as of July 1, 2022, under the Company's 2017 Incentive Award Plan. The RSUs will vest in quarterly installments over three years, commencing on October 1, 2022, 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 (July 1, 2025).