Shilige Pradeep Shivaram 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Shilige Pradeep Shivaram
EVP & Head of Global Delivery
Transactions
- Exercise/Conversion
Class A Common Stock
2020-03-01+359→ 22,639 total - Tax Payment
Class A Common Stock
2020-03-01$60.93/sh−151$9,200→ 22,488 total - Exercise/Conversion
Restricted Stock Units
2020-03-01−359→ 2,875 total→ Class A Common Stock (359 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 restricted stock unit award granted on February 26, 2019.
- [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]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.