Friedrich Matthew W. 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Dec 3, 2020
Insider Transaction Report
Form 4
Friedrich Matthew W.
General Counsel
Transactions
- Exercise/Conversion
Class A Common Stock
2020-12-01+340→ 5,383 total - Exercise/Conversion
Restricted Stock Units
2020-12-01−340→ 1,701 total→ Class A Common Stock (340 underlying) - Tax Payment
Class A Common Stock
2020-12-01$78.66/sh−162$12,743→ 5,221 total
Footnotes (4)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 26, 2019.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Represents the number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F4]The RSUs were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2019, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on March 1, 2022.