COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 17, 2016
Insider Transaction Report
Form 4
WENDEL THOMAS M
Director
Transactions
- Award
Restricted Stock Units
2016-06-15+1,760→ 1,760 total→ Class A Common Stock (1,760 underlying) - Award
Class A Common Stock Option (Right to Buy)
2016-06-15+6,926→ 6,926 totalExercise: $59.63Exp: 2023-06-15→ Class A Common Stock (6,926 underlying)
Footnotes (4)
- [F1]The options vest in two equal annual installments beginning on June 15, 2017.
- [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 15, 2017.
- [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) in three equal annual installments beginning on July 1 following the year in which the reporting person terminates employment with the Company.