COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 4, 2015
Insider Transaction Report
Form 4
WEISSMAN ROBERT EVAN
Director
Transactions
- Award
Restricted Stock Units
2015-06-02+1,600→ 1,600 total→ Class A Common Stock (1,600 underlying) - Award
Class A Common Stock Option (Right to Buy)
2015-06-02+6,371→ 6,371 totalExercise: $65.60Exp: 2022-06-02→ Class A Common Stock (6,371 underlying)
Footnotes (4)
- [F1]The options vest in two equal annual installments beginning on June 2, 2016.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]The restricted stock units vest in three equal annual installments beginning on June 2, 2016.
- [F4]Vested shares will be delivered to the reporting person upon the earliest to occur of (i) a "change in control event" of the Company (ii) the Director's death or permanent disability or (iii) on July 1 following the year in which the reporting person terminates employment with the Company.