Morgenstern Ursula 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 3, 2022
Insider Transaction Report
Form 4
Morgenstern Ursula
President, Global Markets
Transactions
- Exercise/Conversion
Class A Common Stock
2022-06-01+971→ 13,008 total - Tax Payment
Class A Common Stock
2022-06-01$74.18/sh−467$34,642→ 12,541 total - Exercise/Conversion
Restricted Stock Units
2022-06-01−971→ 10,683 total→ Class A Common Stock (971 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 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]A total of 11,654 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.)