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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023
May 17, 2023
30125_dirs_2023-05-17_c6eb235c-e597-4269-957e-ec6c403c7c75.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: 2023-05-15
Reporting Person: Abdalla Zein (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-15 | Class A Common Stock | M | 6926 | $59.63 | Acquired | 20482 | Direct |
| 2023-05-15 | Class A Common Stock | S | 6926 | $62.5475 | Disposed | 13556 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-15 | Class A Common Stock Option (Right to Buy) | $59.63 | M | 6926 | Disposed | 2023-06-15 | Class A Common Stock (6926.0) | Direct |
Footnotes
F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.5310 to $62.5701, 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: The options were granted on June 15, 2016 pursuant to the Company's 2009 Incentive Compensation Plan and vested as follows: 50% on June 15, 2017 and 50% on June 15, 2018. The options were fully vested on June 15, 2018.