Veeraraghavachary Srinivasan 4

4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Dec 3, 2019

Form 4Exit

Period: 2019-12-01

EVP - Chief Operating Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2019-12-01+864→ 48,791 total
Tax Payment
Class A Common Stock
[F3]
2019-12-01$64.11/sh−328$21,028→ 48,463 total
Exercise/Conversion
Class A Common Stock
[F4][F2]
2019-12-01+1,245→ 49,708 total
Tax Payment
Class A Common Stock
[F3]
2019-12-01$64.11/sh−493$31,606→ 49,215 total
Exercise/Conversion
Restricted Stock Units
[F2][F5]
2019-12-01−864→ 0 total
→ Class A Common Stock (864 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F6]
2019-12-01−1,245→ 11,207 total
→ Class A Common Stock (1,245 underlying)

Footnotes (6)

[F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit award granted on December 1, 2016.
[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 1/12th of the restricted stock unit award granted on February 26, 2019.
[F5]The restricted stock units were granted on December 1, 2016 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested in quarterly installments over three years, commencing on March 1, 2017, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units would be fully vested on the twelfth quarterly vesting date. The stock units were fully vested on December 1, 2019.
[F6]The restricted stock units were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2019, 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 March 1, 2022.

Signature

/s/ Heather Lawson, on behalf of Srinivasan Veeraraghavachary, by Power of Attorney|2019-12-03

Documents

2 files