4//SEC Filing
Nambiar Rajesh 4
Accession 0001058290-22-000131
CIK 0001058290other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 5:40 PM ET
Size
14.6 KB
Accession
0001058290-22-000131
Insider Transaction Report
Form 4
Nambiar Rajesh
President, Digital Business
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-05-23−1,710→ 8,568 total→ Class A Common Stock (1,710 underlying) - Exercise/Conversion
Class A Common Stock
2022-05-23+2,573→ 11,024 total - Tax Payment
Class A Common Stock
2022-05-23$71.68/sh−976$69,960→ 10,048 total - Exercise/Conversion
Class A Common Stock
2022-05-23+1,710→ 11,758 total - Tax Payment
Class A Common Stock
2022-05-23$71.68/sh−649$46,520→ 11,109 total - Exercise/Conversion
Restricted Stock Units
2022-05-23−2,573→ 18,009 total→ Class A Common Stock (2,573 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 the Company's Class A Common Stock received from the vesting of 2/3rds of 1/8th RSU award granted on February 23, 2021.
- [F5]A total of 30,872 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 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 20,581 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 0001867417
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 5:40 PM ET
- Size
- 14.6 KB