COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Sep 6, 2016
Insider Transaction Report
Form 4
Thiruvengadam Sridhar
Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock
2016-09-01$57.67/sh−137$7,901→ 50,591 total - Exercise/Conversion
Restricted Stock Units
2016-09-01−444→ 2,224 totalExercise: $0.00From: 2016-09-01Exp: 2016-09-01→ Class A Common Stock (444 underlying) - Exercise/Conversion
Class A Common Stock
2016-09-01+384→ 50,728 total - Tax Payment
Class A Common Stock
2016-09-01$57.67/sh−158$9,112→ 50,344 total - Exercise/Conversion
Class A Common Stock
2016-09-01+444→ 50,502 total - Exercise/Conversion
Restricted Stock Units
2016-09-01−384→ 3,450 totalExercise: $0.00From: 2016-09-01Exp: 2016-09-01→ Class A Common Stock (384 underlying)
Holdings
- 858(indirect: By sibling)
Class A Common Stock
Footnotes (7)
- [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]The reporting person disclaims beneficial ownership of the securities held by the reporting person's sibling.
- [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.