Form 4 for CTSH Cognizant
Accepted 2021-10-12 00:00:00 ET · period of report 2021-10-09 · accession 0001058290-21-000270 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-10-12 | 2021-10-09 | CTSH | Stafford Andrew J | EVP, Head of Gbl Delivery | F - Tax | $75.49 | -1,393 | 14.5K | -9% | -$105.2K |
| D | 2021-10-12 | 2021-10-09 | CTSH | Stafford Andrew J | EVP, Head of Gbl Delivery | M - OptEx | — | +3,015 | 15.9K | +23% | — |
| D | 2021-10-12 | 2021-10-09 | CTSH | Stafford Andrew J | EVP, Head of Gbl Delivery | M - OptEx | $0.00 | -3,015 | 9,047 | -25% | $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 | 2021-10-09 | F | D | 1,393 | $75.49 | 14,520 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2021-10-09 | M | A | 3,015 | — | 15,913 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/10th of the restricted stock unit ("RSU") award granted on July 9, 2020. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2021-10-09 | M | D | 3,015 | $0.00 | 9,047 | D | — · — to — | 3,015 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F4) The RSUs were granted on July 9, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on October 9, 2020, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date. The RSUs will be fully vested on January 9, 2023. |