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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2024
Dec 2, 2024
30125_dirs_2024-12-02_95ecb6da-94df-4970-8934-963d8c364f7c.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: 2024-11-27
Reporting Person: Mackay Leo S. Jr. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-27 | Deferred Restricted Stock Units | $ | A | 17.0166 | Acquired | Class A Common Stock (17.0166) | Direct | |
| 2024-11-27 | Restricted Stock Units | $ | A | 12.5541 | Acquired | Class A Common Stock (12.5541) | Direct |
Footnotes
F1: Reflects deferred restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred restricted stock units. Each deferred restricted stock unit represents a right to receive one share of Class A Common Stock of the Company.
F2: The deferred restricted stock units are fully vested and will be settled upon the Reporting Person's termination of service from the Board.
F3: 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 the Company's Class A Common Stock.
F4: The restricted stock units will vest fully on June 4, 2025. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).