Form 4 for CTSH Cognizant
Accepted 2021-09-16 00:00:00 ET · period of report 2021-09-14 · accession 0001058290-21-000253 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-16 | 2021-09-14 | CTSH | Morgenstern Ursula | Pres, Gbl Markets | M - OptEx | — | +3,157 | 7,804 | +68% | — |
| DM | 2021-09-16 | 2021-09-14 | CTSH | Morgenstern Ursula | Pres, Gbl Markets | F - Tax | $75.68 | -1,469 | 5,699 | -20% | -$111.2K |
| DM | 2021-09-16 | 2021-09-14 | CTSH | Morgenstern Ursula | Pres, Gbl Markets | M - OptEx | $0.00 | -3,157 | 8,417 | -27% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-09-14 | M | A | 1,052 | — | 6,189 | D | — | — | (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 14, 2020. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2021-09-14 | F | D | 979 | $75.68 | 6,825 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 3 | Common | Class A Common Stock | 2021-09-14 | M | A | 2,105 | — | 7,804 | D | — | — | (F4) Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/5th of the RSU award granted on December 14, 2020. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 4 | Common | Class A Common Stock | 2021-09-14 | F | D | 490 | $75.68 | 5,699 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 5 | Derivative | Restricted Stock Units | 2021-09-14 | M | D | 1,052 | $0.00 | 9,471 | D | — · — to — | 1,052 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F5) The RSUs were granted on December 14, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on March 14, 2021, 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 December 14, 2023. |
| 6 | Derivative | Restricted Stock Units | 2021-09-14 | M | D | 2,105 | $0.00 | 8,417 | D | — · — to — | 2,105 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F6) The RSUs were granted on December 14, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in nine successive quarterly installments, commencing on March 14, 2021, with (i) 1/5th of the RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of the RSUs vesting on each of the four successive vesting dates; and (iii) 1/3rd of 1/5th of the RSUs vesting on each of the next four successive vesting dates. The RSUs will be fully vested on March 14, 2023. |