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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023
Jul 14, 2023
30125_dirs_2023-07-14_ffaaae37-aaa2-403f-baec-3ce9e7d58279.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: 2023-07-12
Reporting Person: Singisetti Ravi Kumar (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-12 | Class A Common Stock | M | 19201 | — | Acquired | 31599 | Direct |
| 2023-07-12 | Class A Common Stock | F | 10545 | $67.17 | Disposed | 21054 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-12 | Restricted Stock Units | $ | M | 19201 | Disposed | Class A Common Stock (19201.0) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/4th of the restricted stock unit ("RSU") award granted on January 12, 2023.
F2: Each RSU 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: A total of 76,804 RSUs were granted on January 12, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in four successive quarterly installments, commencing on April 12, 2023, with 1/4th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the fourth quarterly vesting date (January 12, 2024).