4//SEC Filing
Abdalla Zein 4
Accession 0001058290-24-000208
CIK 0001058290other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 4:34 PM ET
Size
11.4 KB
Accession
0001058290-24-000208
Insider Transaction Report
Form 4
Abdalla Zein
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-06+3,582→ 19,157 total - Disposition to Issuer
Restricted Stock Units
2024-06-06$66.31/sh−0.339$22→ 0 total→ Class A Common Stock (0.339 underlying) - Tax Payment
Class A Common Stock
2024-06-06$66.31/sh−14$928→ 19,143 total - Exercise/Conversion
Restricted Stock Units
2024-06-06−3,582→ 0.339 total→ Class A Common Stock (3,582 underlying)
Footnotes (5)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received in connection with the vesting of 100% of the restricted stock unit ("RSU") award granted on June 6, 2023, and the related RSUs received pursuant to dividend equivalent rights; provided, however, that the reporting person was only entitled to receive whole shares and the fractional share related thereto was disposed of separately.
- [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]3,538 of the RSUs were originally granted on June 6, 2023, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to the dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on June 6, 2024.
- [F5]Represents the payment of cash in lieu of a fractional share related to the RSUs described above in accordance with the Plan and the cancellation of the corresponding fractional RSU.
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeother
Related Parties
1- filerCIK 0001478037
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 4:34 PM ET
- Size
- 11.4 KB