4//SEC Filing
Stafford Andrew J 4
Accession 0001058290-22-000231
CIK 0001058290other
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 4:49 PM ET
Size
13.2 KB
Accession
0001058290-22-000231
Insider Transaction Report
Form 4
Stafford Andrew M
EVP, Head of Global Delivery
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-07-09−1,508→ 3,016 total→ Class A Common Stock (1,508 underlying) - Exercise/Conversion
Class A Common Stock
2022-07-09+6,784→ 15,270 total - Exercise/Conversion
Restricted Stock Units
2022-07-09−6,784→ 0 total→ Class A Common Stock (6,784 underlying) - Exercise/Conversion
Class A Common Stock
2022-07-09+1,508→ 8,486 total - Tax Payment
Class A Common Stock
2022-07-09$67.02/sh−3,878$259,904→ 11,392 total
Footnotes (6)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/6th of the restricted stock unit ("RSU") award granted on July 9, 2020.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Shares of Class A Common Stock of the Company received from the vesting of 50% of the RSU award granted on July 9, 2020.
- [F4]Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F5]A total of 27,134 RSUs were originally granted on July 9, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 10 successive quarterly installments, commencing on October 9, 2020, with (i) 1/6th of such RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/6th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (July 9, 2023).
- [F6]A total of 13,567 RSUs were originally granted on July 9, 2020 under the Company's 2017 Incentive Award Plan and such RSUs vested in two equal annual installments, with 50% of the RSUs vesting on the one-year anniversary of the date of grant and the remaining 50% vesting on the two-year anniversary (July 9, 2022).
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeother
Related Parties
1- filerCIK 0001672577
Filing Metadata
- Form type
- 4
- Filed
- Jul 11, 8:00 PM ET
- Accepted
- Jul 12, 4:49 PM ET
- Size
- 13.2 KB