Friedrich Matthew W. 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Dec 8, 2020
Insider Transaction Report
Form 4
Friedrich Matthew W.
General Counsel
Transactions
- Tax Payment
Class A Common Stock
2020-12-05$81.06/sh−991$80,330→ 6,120 total - Exercise/Conversion
Class A Common Stock
2020-12-05+2,068→ 7,111 total - Exercise/Conversion
Restricted Stock Units
2020-12-05−2,068→ 18,607 total→ Class A Common Stock (2,068 underlying)
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 March 5, 2020.
- [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 March 5, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 5, 2020, 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 5, 2023.