4//SEC Filing
KRISHNASWAMY VENKAT 4
Accession 0001209191-18-060973
CIK 0001058290other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 5:27 PM ET
Size
16.1 KB
Accession
0001209191-18-060973
Insider Transaction Report
Form 4
KRISHNASWAMY VENKAT
EVP, Pres Healthcare & Life Sc
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-12-01−954→ 3,817 totalExercise: $0.00From: 2018-12-01Exp: 2018-12-01→ Class A Common Stock (954 underlying) - Exercise/Conversion
Class A Common Stock
2018-12-01+954→ 5,396 total - Tax Payment
Class A Common Stock
2018-12-01$71.23/sh−414$29,489→ 4,982 total - Exercise/Conversion
Class A Common Stock
2018-12-01+1,963→ 6,945 total - Tax Payment
Class A Common Stock
2018-12-01$71.23/sh−851$60,617→ 6,094 total - Exercise/Conversion
Restricted Stock Units
2018-12-01−1,963→ 0 totalExercise: $0.00From: 2018-12-01Exp: 2018-12-01→ Class A Common Stock (1,963 underlying)
Footnotes (6)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit award granted on December 1, 2016.
- [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]Represents the number of shares of the Company's Class A Common Stock received from the vesting of 1/2 of the performance-based restricted stock unit award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on November 30, 2015.
- [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 December 1, 2016 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on March 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 December 1, 2019.
- [F6]The performance-based restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award agreement, 1/2 of the performance-based restricted stock units were vested and issuable on June 1, 2017, provided the reporting person remained in the Company's service through such date. The remaining 1/2 of the vested performance-based restricted stock units were vested and issuable on December 1, 2018, provided that the reporting person remained in the Company's service through such date.
Documents
Issuer
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CIK 0001058290
Entity typeother
Related Parties
1- filerCIK 0001594014
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 5:27 PM ET
- Size
- 16.1 KB