4//SEC Filing
Hyttenrauch Gregory Lawrence 4
Accession 0001058290-22-000151
CIK 0001058290other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 6:24 PM ET
Size
14.5 KB
Accession
0001058290-22-000151
Insider Transaction Report
Form 4
Hyttenrauch Gregory Lawrence
President, Digital Sys & Tech
Transactions
- Exercise/Conversion
Class A Common Stock
2022-06-01+728→ 30,596 total - Tax Payment
Class A Common Stock
2022-06-01$74.18/sh−350$25,963→ 30,246 total - Exercise/Conversion
Class A Common Stock
2022-06-01+583→ 30,829 total - Tax Payment
Class A Common Stock
2022-06-01$74.18/sh−281$20,845→ 30,548 total - Exercise/Conversion
Restricted Stock Units
2022-06-01−728→ 8,012 total→ Class A Common Stock (728 underlying) - Exercise/Conversion
Restricted Stock Units
2022-06-01−583→ 4,080 total→ Class A Common Stock (583 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 March 1, 2022.
- [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 1/8th of the RSU award granted on March 1, 2022.
- [F5]A total of 8,740 RSUs were originally granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2022, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2025.)
- [F6]A total of 4,663 RSUs were originally granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 12 successive quarterly installments, commencing on June 1, 2022, with (i) 1/8th of such RSUs vesting on the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the four successive 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 the RSUs vesting on the twelfth vesting date (March 1, 2025.)
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeother
Related Parties
1- filerCIK 0001796411
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 6:24 PM ET
- Size
- 14.5 KB