4//SEC Filing
Bali Vinita 4
Accession 0001058290-24-000212
CIK 0001058290other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 4:37 PM ET
Size
11.4 KB
Accession
0001058290-24-000212
Insider Transaction Report
Form 4
Bali Vinita
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-06+3,582→ 14,172 total - Tax Payment
Class A Common Stock
2024-06-06$66.31/sh−17$1,127→ 14,155 total - Exercise/Conversion
Restricted Stock Units
2024-06-06−3,582→ 0.339 total→ Class A Common Stock (3,582 underlying) - Disposition to Issuer
Restricted Stock Units
2024-06-06$66.31/sh−0.339$22→ 0 total→ Class A Common Stock (0.339 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 0001726500
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 4:37 PM ET
- Size
- 11.4 KB