Mehta Rajeev 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Feb 5, 2019
Insider Transaction Report
Form 4
Mehta Rajeev
COO, Global Client Services
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-02-01−9,584→ 86,262 totalExercise: $0.00From: 2019-02-01Exp: 2019-02-01→ Class A Common Stock (9,584 underlying) - Exercise/Conversion
Class A Common Stock
2019-02-01+9,584→ 59,600 total - Tax Payment
Class A Common Stock
2019-02-01$70.14/sh−3,739$262,253→ 55,861 total
Holdings
- 28,663(indirect: By Trust)
Class A Common Stock
- 1,860(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12 of the restricted stock unit award granted on June 12, 2018.
- [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 June 12, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on August 1, 2018, 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 May 1, 2021.