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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022
Mar 17, 2022
30125_dirs_2022-03-17_2545a0c4-c89e-41f4-aef2-a80057200dd7.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: 2022-03-15
Reporting Person: Telesmanic Robert (SVP, Controller & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-15 | Class A Common Stock | M | 3136 | — | Acquired | 16961 | Direct |
| 2022-03-15 | Class A Common Stock | F | 1572 | $88.17 | Disposed | 15389 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-15 | Performance Stock Units | $ | M | 3136 | Disposed | Class A Common Stock (3136.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 800 | Indirect |
Footnotes
F1: Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan. The performance conditions were determined to be satisfied on March 1, 2022 and the PSUs were vested and settled in Class A Common Stock of the Company on March 15, 2022.
F2: Each PSU 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: The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.