Form 4 for CTSH Cognizant
Accepted 2022-02-25 00:00:00 ET · period of report 2022-02-23 · accession 0001058290-22-000036 · 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 | 2022-02-25 | 2022-02-23 | CTSH | Schmitt Becky | EVP, CHRO | F - Tax | $84.65 | -164 | 27.6K | -0.6% | -$13.9K |
| D | 2022-02-25 | 2022-02-23 | CTSH | Schmitt Becky | EVP, CHRO | M - OptEx | — | +344 | 27.8K | +1% | — |
| D | 2022-02-25 | 2022-02-23 | CTSH | Schmitt Becky | EVP, CHRO | M - OptEx | $0.00 | -344 | 1,370 | -20% | $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 | 2022-02-23 | F | D | 164 | $84.65 | 27,592 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2022-02-23 | M | A | 344 | — | 27,756 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/8th of the restricted stock unit ("RSU") award granted on February 23, 2021. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2022-02-23 | M | D | 344 | $0.00 | 1,370 | D | — · — to — | 344 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 February 23, 2021 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on May 23, 2021, with (i) 1/8th of the RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the twelfth vesting date. The RSUs will be fully vested on February 23, 2024. |