COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Sep 7, 2016
Insider Transaction Report
Form 4
COBURN GORDON
Chief Oper. and Fin. Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2016-09-03+3,282→ 66,156 total - Tax Payment
Class A Common Stock
2016-09-03$58.36/sh−1,584$92,442→ 64,572 total - Exercise/Conversion
Restricted Stock Units
2016-09-03−3,282→ 3,282 totalExercise: $0.00From: 2016-09-03Exp: 2016-09-03→ Class A Common Stock (3,282 underlying)
Footnotes (4)
- [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 3, 2013.
- [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]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F4]The restricted stock units were granted on December 3, 2013 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 3, 2016.