Mackay Leo S. Jr. 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Dec 2, 2024
Insider Transaction Report
Form 4
Mackay Leo S. Jr.
Director
Transactions
- Award
Restricted Stock Units
2024-11-27+12.554→ 3,391.691 total→ Class A Common Stock (12.554 underlying) - Award
Deferred Restricted Stock Units
2024-11-27+17.017→ 4,597.293 total→ Class A Common Stock (17.017 underlying)
Footnotes (4)
- [F1]Reflects deferred restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred restricted stock units. Each deferred restricted stock unit represents a right to receive one share of Class A Common Stock of the Company.
- [F2]The deferred restricted stock units are fully vested and will be settled upon the Reporting Person's termination of service from the Board.
- [F3]Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F4]The restricted stock units will vest fully on June 4, 2025. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).