4//SEC Filing
Hyttenrauch Gregory Lawrence 4
Accession 0001058290-22-000127
CIK 0001058290other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 5:30 PM ET
Size
14.6 KB
Accession
0001058290-22-000127
Insider Transaction Report
Form 4
Hyttenrauch Gregory Lawrence
President, Digital Sys & Tech
Transactions
- Tax Payment
Class A Common Stock
2022-05-23$71.84/sh−162$11,638→ 29,868 total - Exercise/Conversion
Restricted Stock Units
2022-05-23−1,830→ 12,806 total→ Class A Common Stock (1,830 underlying) - Exercise/Conversion
Class A Common Stock
2022-05-23+1,830→ 30,555 total - Exercise/Conversion
Restricted Stock Units
2022-05-23−342→ 1,713 total→ Class A Common Stock (342 underlying) - Tax Payment
Class A Common Stock
2022-05-23$71.84/sh−867$62,285→ 29,688 total - Exercise/Conversion
Class A Common Stock
2022-05-23+342→ 30,030 total
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 the Company's Class A Common Stock received from the vesting of 2/3rds of 1/8th of the RSU award granted on February 23, 2021.
- [F5]A total of 21,953 RSUs were originally granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in in quarterly installments over three years, commencing on May 23, 2021, 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 23, 2024.)
- [F6]A total of 4,116 RSUs were originally granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 23, 2021, 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 23, 2024.)
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeother
Related Parties
1- filerCIK 0001796411
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 5:30 PM ET
- Size
- 14.6 KB