Nambiar Rajesh 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Feb 25, 2022
Insider Transaction Report
Form 4
Nambiar Rajesh
President, Digital Business
Transactions
- Exercise/Conversion
Class A Common Stock
2022-02-23+2,572→ 7,516 total - Tax Payment
Class A Common Stock
2022-02-23$85.17/sh−1,083$92,234→ 6,433 total - Exercise/Conversion
Class A Common Stock
2022-02-23+2,576→ 9,009 total - Tax Payment
Class A Common Stock
2022-02-23$85.17/sh−1,085$92,404→ 7,924 total - Exercise/Conversion
Restricted Stock Units
2022-02-23−2,572→ 20,582 total→ Class A Common Stock (2,572 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-23−2,576→ 10,278 total→ Class A Common Stock (2,576 underlying)
Footnotes (6)
- [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 23, 2021.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F4]Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on February 23, 2021.
- [F5]The RSUs were granted on February 23, 2021 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on May 23, 2021, 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 February 23, 2024.
- [F6]The RSUs were granted on February 23, 2021 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on May 23, 2021, with (i) 1/8th of the RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the twelfth vesting date. The RSUs will be fully vested on February 23, 2024.