COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Sep 20, 2016
Insider Transaction Report
Form 4
Thiruvengadam Sridhar
EVP Strategic Initiatives
Transactions
- Tax Payment
Class A Common Stock
[F1]2016-09-16$53.63/sh−36$1,931→ 822 total(indirect: By sibling) - Award
Restricted Stock Units
[F2][F3][F1]2016-09-14+979→ 979 total(indirect: By sibling)→ Class A Common Stock (979 underlying)
Holdings
- 50,911
Class A Common Stock
Footnotes (3)
- [F1]The reporting person disclaims beneficial ownership of the securities held by the reporting person's sibling.
- [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 were granted on September 14, 2016 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years starting on January 1, 2017, 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 October 1, 2019.
Signature
/s/ Harry Demas, on behalf of Sridhar Thiruvengadam, by Power of Attorney|2016-09-20