4//SEC Filing
COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
Accession 0001209191-16-125422
$CTSHCIK 0001058290operating
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 12:45 PM ET
Size
22.1 KB
Accession
0001209191-16-125422
Insider Transaction Report
Form 4
Schwartz Steven
Sr VP, General Counsel & Secr.
Transactions
- Tax Payment
Class A Common Stock
2016-06-01$61.13/sh−2,783$170,125→ 6,846 total - Exercise/Conversion
Restricted Stock Units
2016-06-01−8,156→ 16,313 totalExercise: $0.00From: 2016-06-01Exp: 2016-06-01→ Class A Common Stock (8,156 underlying) - Exercise/Conversion
Class A Common Stock
2016-06-01+1,202→ 1,202 total - Exercise/Conversion
Class A Common Stock
2016-06-01+1,036→ 1,827 total - Exercise/Conversion
Class A Common Stock
2016-06-01+8,156→ 9,629 total - Exercise/Conversion
Restricted Stock Units
2016-06-01−1,202→ 7,212 totalExercise: $0.00From: 2016-06-01Exp: 2016-06-01→ Class A Common Stock (1,202 underlying) - Exercise/Conversion
Restricted Stock Units
2016-06-01−1,036→ 10,362 totalExercise: $0.00From: 2016-06-01Exp: 2016-06-01→ Class A Common Stock (1,036 underlying) - Tax Payment
Class A Common Stock
2016-06-01$61.13/sh−411$25,124→ 791 total - Tax Payment
Class A Common Stock
2016-06-01$61.13/sh−354$21,640→ 1,473 total
Footnotes (8)
- [F1]Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 1, 2014.
- [F2]Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- [F3]Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on November 30, 2015.
- [F4]Represents the number of shares of Class A Common Stock received from vesting of 1/3 of the vested performance-based restricted stock units previously granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on December 1, 2014.
- [F5]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F6]The restricted stock units were granted on December 1, 2014 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on December 1, 2017.
- [F7]The restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on March 1, 2016, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on December 1, 2018.
- [F8]The performance-based restricted stock units were granted on December 1, 2014 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award, 1/3 of the vested performance-based restricted stock units were issuable on June 1, 2016, provided the reporting person remained in the Company's service through such anniversary date. The remaining 2/3 of the vested performance-based restricted stock units shall be issued on December 1, 2017, provided that the reporting person remains in the Company's service through such anniversary date.
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeoperating
Related Parties
1- filerCIK 0001058290
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 12:45 PM ET
- Size
- 22.1 KB