4//SEC Filing
COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
Accession 0001209191-16-125459
$CTSHCIK 0001058290operating
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 1:04 PM ET
Size
23.0 KB
Accession
0001209191-16-125459
Insider Transaction Report
Form 4
Thiruvengadam Sridhar
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2016-06-01+445→ 47,036 total - Exercise/Conversion
Class A Common Stock
2016-06-01+383→ 47,260 total - Exercise/Conversion
Restricted Stock Units
2016-06-01−445→ 2,668 totalExercise: $0.00From: 2016-06-01Exp: 2016-06-01→ Class A Common Stock (445 underlying) - Exercise/Conversion
Restricted Stock Units
2016-06-01−4,058→ 8,117 totalExercise: $0.00From: 2016-06-01Exp: 2016-06-01→ Class A Common Stock (4,058 underlying) - Tax Payment
Class A Common Stock
2016-06-01$61.28/sh−1,443$88,427→ 49,738 total - Tax Payment
Class A Common Stock
2016-06-01$61.28/sh−137$8,395→ 47,123 total - Exercise/Conversion
Restricted Stock Units
2016-06-01−383→ 3,834 totalExercise: $0.00From: 2016-06-01Exp: 2016-06-01→ Class A Common Stock (383 underlying) - Tax Payment
Class A Common Stock
2016-06-01$61.28/sh−159$9,744→ 46,877 total - Exercise/Conversion
Class A Common Stock
2016-06-01+4,058→ 51,181 total
Holdings
- 889(indirect: By sibling)
Class A Common Stock
Footnotes (9)
- [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]The reporting person disclaims beneficial ownership of the securities held by the reporting person's sibling.
- [F6]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F7]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.
- [F8]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.
- [F9]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, 1:04 PM ET
- Size
- 23.0 KB