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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022
Jul 6, 2022
30125_dirs_2022-07-06_704a6bc4-6c7d-4ad7-9e00-c58b16634ab6.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: Walker Robert C. (EVP & Pres, Global Growth Mkts)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-01 | Restricted Stock Units | $ | A | 10264 | Acquired | Class A Common Stock (10264.0) | 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: The RSUs were granted on July 1, 2022 under the Company's 2017 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on October 1, 2022, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (January 1, 2025).