Form 4 for CTSH Cognizant
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001058290-22-000086 · 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 | 2022-03-17 | 2022-03-15 | CTSH | Kim John Sunshin | EVP, GC | F - Tax | $88.17 | -1,401 | 9,326 | -13% | -$123.5K |
| D | 2022-03-17 | 2022-03-15 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | — | +2,577 | 10.7K | +32% | — |
| D | 2022-03-17 | 2022-03-15 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | $0.00 | -2,577 | 0 | -100% | $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 | 2022-03-15 | F | D | 1,401 | $88.17 | 9,326 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2022-03-15 | M | A | 2,577 | — | 10,727 | D | — | — | (F1) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on May 19, 2020 under the Company's 2017 Incentive Award Plan. The performance conditions were determined to be satisfied on March 1, 2022 and the PSUs were vested and settled in Class A Common Stock of the Company on March 15, 2022. (F2) Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 3 | Derivative | Performance Stock Units | 2022-03-15 | M | D | 2,577 | $0.00 | 0 | D | — · — to — | 2,577 Class A Common Stock | (F2) Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F1) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on May 19, 2020 under the Company's 2017 Incentive Award Plan. The performance conditions were determined to be satisfied on March 1, 2022 and the PSUs were vested and settled in Class A Common Stock of the Company on March 15, 2022. |