Form 4 for CTSH Cognizant
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001058290-22-000088 · 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 | Nambiar Rajesh | Pres, Digital Business | F - Tax | $88.16 | -387 | 8,451 | -4% | -$34.1K |
| D | 2022-03-17 | 2022-03-15 | CTSH | Nambiar Rajesh | Pres, Digital Business | M - OptEx | — | +914 | 8,838 | +12% | — |
| D | 2022-03-17 | 2022-03-15 | CTSH | Nambiar Rajesh | Pres, Digital Business | M - OptEx | $0.00 | -914 | 3,661 | -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 | 2022-03-15 | F | D | 387 | $88.16 | 8,451 | 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 | 914 | — | 8,838 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/7th of the restricted stock unit ("RSU") award granted on June 18, 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 | 2022-03-15 | M | D | 914 | $0.00 | 3,661 | D | — · — to — | 914 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 June 18, 2021 under the Company's 2017 Incentive Award Plan and will vest in 11 successive quarterly installments, with (i) 1/7th of the RSUs vesting on September 15, 2021 (the "First RSU Vesting Date"), (ii) 1/7th of the RSUs vesting on each of the first and second three-month anniversaries of the First RSU Vesting Date, (iii) 2/3rds of 1/7th of the RSUs vesting on each of the third, fourth, fifth and sixth three-month anniversaries of the First RSU Vesting Date, (iv) 1/3rd of 1/7th of the RSUs vesting on each of the seventh, eight and ninth three-month anniversaries of the First RSU Vesting Date, and (v) the remainder of the RSUs vesting on the tenth three-month anniversary of the First RSU Vesting Date. The RSUs will be fully vested on March 15, 2024. |