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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022
May 19, 2022
30125_dirs_2022-05-19_6fc824d2-c670-454a-a1e3-554b22886725.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: 2022-05-17
Reporting Person: Patsalos-Fox Michael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-17 | Class A Common Stock | M | 6371 | $65.60 | Acquired | 63221 | Direct |
| 2022-05-17 | Class A Common Stock | S | 5687 | $74.4046 | Disposed | 57534 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-17 | Class A Common Stock Option (Right to Buy) | $65.6 | M | 6371 | Disposed | 2022-06-02 | Class A Common Stock (6371.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 10000 | Indirect |
Footnotes
F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.3875 to $74.44, inclusive. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F2: All of the membership interests of the PFOXFAMILY LLC are held by a trust for the benefit of the Reporting Person's children and for which the Reporting Person's spouse is the co-trustee.
F3: The options were granted on June 2, 2015 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested as follows: 50% on June 2, 2016 and 50% on June 2, 2017. The options were fully vested on June 2, 2017.