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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023
Dec 4, 2023
30125_dirs_2023-12-04_3e97e4d2-1551-45af-8017-bf4200d423eb.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: 2023-11-30
Reporting Person: VELLI JOSEPH M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-30 | Restricted Stock Units | $ | A | 14.5783 | Acquired | Class A Common Stock (14.5783) | Direct |
Footnotes
F1: The Board of Directors (the "Board") of Cognizant Technology Solutions Corporation (the "Company") has determined that all dividend equivalent rights on outstanding and any future restricted stock units (including deferred stock units and restricted stock units with deferred and non-deferred settlement) granted to current and future non-employee members of the Board that relate to ordinary cash dividends with a record date on or after September 7, 2023 shall be credited in the form of additional restricted stock units that are subject to the same terms (including vesting and settlement) as the restricted stock units to which they relate.
F2: Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company.
F3: The restricted stock units will vest fully on June 6, 2024.