Humphries Brian 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Nov 28, 2022
Insider Transaction Report
Form 4
Humphries Brian
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-11-23−6,403→ 32,016 total→ Class A Common Stock (6,403 underlying) - Tax Payment
Class A Common Stock
2022-11-23$60.03/sh−386$23,172→ 151,612 total - Exercise/Conversion
Class A Common Stock
2022-11-23+6,403→ 151,998 total
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 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]A total of 76,838 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).