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COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2024
Nov 19, 2024
30125_dirs_2024-11-19_015d01dc-e835-43c0-8bf2-c026dcc2a618.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: 2024-11-15
Reporting Person: Ayyar Balu Ganesh (EVP and President IOA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-15 | Class A Common Stock | M | 972 | — | Acquired | 82368 | Direct |
| 2024-11-16 | Class A Common Stock | M | 1005 | — | Acquired | 83373 | Direct |
| 2024-11-16 | Class A Common Stock | M | 125 | — | Acquired | 83498 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-15 | Restricted Stock Units | $ | M | 972 | Disposed | Class A Common Stock (972) | Direct | |
| 2024-11-16 | Restricted Stock Units | $ | M | 1005 | Disposed | Class A Common Stock (1005) | Direct | |
| 2024-11-16 | Restricted Stock Units | $ | M | 125 | Disposed | Class A Common Stock (125) | Direct |
Footnotes
F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd 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: Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 16, 2023.
F4: Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/8th of the RSU award granted on February 16, 2023.
F5: 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).
F6: A total of 12,055 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (February 16, 2026).
F7: A total of 1,506 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 16, 2026).