CHINTAMANENI RAMAKRISHNA PRASAD 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Mar 14, 2019
Insider Transaction Report
Form 4
CHINTAMANENI RAMAKRISHNA PRASAD
EVP, Pres Banking & Fin. Serv.
Transactions
- Exercise/Conversion
Class A Common Stock
2019-03-12+2,212→ 40,315 total - Exercise/Conversion
Class A Common Stock
2019-03-12+878→ 40,119 total - Exercise/Conversion
Restricted Stock Units
2019-03-12−2,212→ 15,485 total→ Class A Common Stock (2,212 underlying) - Exercise/Conversion
Restricted Stock Units
2019-03-12−878→ 7,908 total→ Class A Common Stock (878 underlying) - Tax Payment
Class A Common Stock
2019-03-12$71.78/sh−1,074$77,092→ 39,241 total - Tax Payment
Class A Common Stock
2019-03-12$71.78/sh−429$30,794→ 39,690 total
Footnotes (6)
- [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 December 12, 2017.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- [F4]Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on June 12, 2018.
- [F5]The restricted stock units were granted on December 12, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on March 12, 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 December 12, 2020.
- [F6]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 September 12, 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 June 12, 2021.