Veeraraghavachary Srinivasan 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Oct 3, 2019
Insider Transaction Report
Form 4
Veeraraghavachary Srinivasan
EVP Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2019-10-01+523→ 48,128 total - Tax Payment
Class A Common Stock
2019-10-01$60.62/sh−201$12,185→ 47,927 total - Exercise/Conversion
Restricted Stock Units
2019-10-01−523→ 2,093 total→ Class A Common Stock (523 underlying)
Footnotes (4)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the time-based restricted stock unit ("RSU") award granted on September 25, 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 RSUs were granted on September 25, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on January 1, 2018, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on October 1, 2020.