COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 6, 2017
Insider Transaction Report
Form 4
NARAYANAN LAKSHMI
DirectorVice Chairman
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-06-02−533→ 534 totalExercise: $0.00From: 2017-06-02Exp: 2017-06-02→ Class A Common Stock (533 underlying) - Exercise/Conversion
Class A Common Stock
2017-06-03+687→ 89,010 total - Exercise/Conversion
Class A Common Stock
2017-06-02+533→ 88,483 total - Tax Payment
Class A Common Stock
2017-06-03$67.47/sh−212$14,304→ 88,798 total - Exercise/Conversion
Restricted Stock Units
2017-06-03−687→ 0 totalExercise: $0.00From: 2017-06-03Exp: 2017-06-03→ Class A Common Stock (687 underlying) - Tax Payment
Class A Common Stock
2017-06-02$67.48/sh−160$10,798→ 88,323 total
Footnotes (6)
- [F1]Shares of the Company's Class A Common Stock received from the vesting of 1/3 of the restricted stock unit award granted on June 2, 2015.
- [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 1/3 of the restricted stock unit award granted on June 3, 2014.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F5]The restricted stock units were granted on June 2, 2015 and vest in three equal annual installments over three years, with 1/3rd of the stock units vesting on each annual vesting date so that the stock units will be fully vested on June 2, 2018.
- [F6]The restricted stock units were granted on June 3, 2014 and vest in three equal installments over three years, with 1/3rd of the stock units vesting on each annual vesting date so that the stock units were fully vested on June 3, 2017.