CHATTERJEE DEBASHIS 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jul 3, 2019
Insider Transaction Report
Form 4
CHATTERJEE DEBASHIS
EVP, President Technology Sol.
Transactions
- Exercise/Conversion
Class A Common Stock
2019-07-01+3,429→ 47,880 total - Tax Payment
Class A Common Stock
2019-07-01$64.38/sh−1,174$75,576→ 46,706 total - Exercise/Conversion
Restricted Stock Units
2019-07-01−3,429→ 6,860 total→ Class A Common Stock (3,429 underlying)
Footnotes (4)
- [F1]Represents the number of shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of the performance-based restricted stock unit ("PSU") award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on March 2, 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 number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F4]The PSUs were granted on March 2, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the PSU award agreement, 1/3rd of the PSUs vested and settled on July 1, 2019, and the remaining 2/3rds of the PSUs shall vest and settle on January 1, 2020.