Branderiz Eric 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Feb 28, 2025
Insider Transaction Report
Form 4
Branderiz Eric
Director
Transactions
- Award
Restricted Stock Units
2025-02-26+16.876→ 4,597.844 total→ Class A Common Stock (16.876 underlying) - Award
Restricted Stock Units
2025-02-26+12.495→ 3,404.185 total→ Class A Common Stock (12.495 underlying)
Footnotes (4)
- [F1]Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a right to receive one share of Class A Common Stock of the Company.
- [F2]The restricted stock units are fully vested. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines (the "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) in three equal installments on July 1 in the first, second and third years following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
- [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 Class A Common Stock of the Company.
- [F4]The restricted stock units will vest fully on June 4, 2025. The Reporting Person has elected, pursuant to the Company's 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) in three equal installments on July 1 in the first, second and third years following the date of the Reporting Person's termination of service (other than due to death or permanent disability).