4//SEC Filing
COGNIZANT TECHNOLOGY SOLUTIONS CORP 4
Accession 0001209191-17-038516
$CTSHCIK 0001058290operating
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 3:42 PM ET
Size
15.1 KB
Accession
0001209191-17-038516
Insider Transaction Report
Form 4
NARAYANAN LAKSHMI
DirectorVice Chairman
Transactions
- Exercise/Conversion
Class A Common Stock
2017-06-06+534→ 89,332 total - Exercise/Conversion
Class A Common Stock
2017-06-06+1,760→ 90,932 total - Exercise/Conversion
Restricted Stock Units
2017-06-06−534→ 0 total→ Class A Common Stock (534 underlying) - Tax Payment
Class A Common Stock
2017-06-06$67.35/sh−160$10,776→ 89,172 total - Tax Payment
Class A Common Stock
2017-06-06$67.35/sh−527$35,493→ 90,405 total - Exercise/Conversion
Restricted Stock Units
2017-06-06−1,760→ 0 total→ Class A Common Stock (1,760 underlying)
Footnotes (6)
- [F1]Shares of the Company's Class A Common Stock received from the accelerated vesting of the remaining 1/3 of the restricted stock unit award granted on June 2, 2015.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Represents the shares of Class A Common Stock that the Company withheld to pay applicable taxes.
- [F4]Shares of the Company's Class A Common Stock received from the accelerated vesting of 100% of the restricted stock unit award granted on June 15, 2016.
- [F5]The restricted stock units were scheduled to vest on June 2, 2018. However, in recognition of the Reporting Person's years of service on the Company's Board of Directors, the Board approved the acceleration of the vesting of the restricted stock units immediately prior to the annual meeting of stockholders on June 6, 2017.
- [F6]The restricted stock units were scheduled to vest in three equal installments on June 15, 2017, 2018 and 2019. However, in recognition of the Reporting Person's years of service on the Company's Board of Directors, the Board approved the acceleration of the vesting of the restricted stock units immediately prior to the annual meeting of stockholders on June 6, 2017.
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeoperating
Related Parties
1- filerCIK 0001058290
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 3:42 PM ET
- Size
- 15.1 KB