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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023
Nov 17, 2023
30125_dirs_2023-11-17_98bdd1fe-b49e-450f-afed-554c52b23cd3.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: 2023-11-15
Reporting Person: Ayyar Balu Ganesh (EVP and President IOA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-15 | Class A Common Stock | M | 1946 | — | Acquired | 61694 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-15 | Restricted Stock Units | $ | M | 1946 | Disposed | Class A Common Stock (1946) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/5th of the restricted stock unit ("RSU") award granted on November 15, 2022.
F2: Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: A total of 14,592 RSUs were originally granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on February 15, 2023, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (February 15, 2025).