Shilige Pradeep Shivaram 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Apr 3, 2020
Insider Transaction Report
Form 4
Shilige Pradeep Shivaram
EVP & Head of Global Delivery
Transactions
- Tax Payment
Class A Common Stock
2020-04-01$43.59/sh−2$87→ 22,936 total - Exercise/Conversion
Restricted Stock Units
2020-04-01−4→ 48 total→ Class A Common Stock (4 underlying) - Exercise/Conversion
Class A Common Stock
2020-04-01+4→ 22,938 total
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 ("RSU") award granted on December 2, 2019.
- [F2]Each RSU 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 December 2, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on April 1, 2020, 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 stock units will be fully vested on January 1, 2023.