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4//SEC Filing

GOMATAM SUMITHRA 4

Accession 0001209191-19-041110

CIK 0001058290other

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 4:28 PM ET

Size

9.6 KB

Accession

0001209191-19-041110

Insider Transaction Report

Form 4
Period: 2019-07-01
GOMATAM SUMITHRA
EVP, President Industry Sol.
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2019-07-01+2,50817,794 total
  • Exercise/Conversion

    Restricted Stock Units

    2019-07-012,5085,017 total
    Class A Common Stock (2,508 underlying)
  • Tax Payment

    Class A Common Stock

    2019-07-01$64.38/sh859$55,29816,935 total
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 were vested and issuable on July 1, 2019, provided that the reporting person remained in the Company's service through such date. The remaining 2/3rds of the PSUs shall vest and be issuable on January 1, 2020, provided that the reporting person remains in the Company's service through such date.

Issuer

COGNIZANT TECHNOLOGY SOLUTIONS CORP

CIK 0001058290

Entity typeother

Related Parties

1
  • filerCIK 0001593835

Filing Metadata

Form type
4
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:28 PM ET
Size
9.6 KB