Hyttenrauch Gregory Lawrence 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Apr 5, 2022
Insider Transaction Report
Form 4
Hyttenrauch Gregory Lawrence
President, Digital Sys & Tech
Transactions
- Exercise/Conversion
Class A Common Stock
2022-04-01+2,557→ 29,928 total - Tax Payment
Class A Common Stock
2022-04-01$90.01/sh−1,203$108,282→ 28,725 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−2,557→ 7,673 total→ Class A Common Stock (2,557 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 December 2, 2019.
- [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]A total of 30,689 RSUs were originally granted on December 2, 2019 under the Company's 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on April 1, 2020, 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 (January 1, 2023).