Siegmund Jan 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Nov 20, 2023
Insider Transaction Report
Form 4
Siegmund Jan
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-11-16+3,076→ 70,213 total - Tax Payment
Class A Common Stock
2023-11-16$68.48/sh−1,684$115,320→ 68,529 total - Exercise/Conversion
Restricted Stock Units
2023-11-16−3,076→ 27,690 total→ Class A Common Stock (3,076 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 February 16, 2023.
- [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 36,919 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, 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 16, 2026).