Form 4 for CTSH Cognizant
Accepted 2022-05-23 00:00:00 ET · period of report 2022-05-19 · accession 0001058290-22-000123 · 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 | 2022-05-23 | 2022-05-19 | CTSH | Telesmanic Robert | SVP, CAO, Ctrl | F - Tax | $70.32 | -31 | 15.7K | -0.2% | -$2,180 |
| D | 2022-05-23 | 2022-05-19 | CTSH | Telesmanic Robert | SVP, CAO, Ctrl | M - OptEx | — | +64 | 15.7K | +0.4% | — |
| D | 2022-05-23 | 2022-05-19 | CTSH | Telesmanic Robert | SVP, CAO, Ctrl | M - OptEx | $0.00 | -64 | 196 | -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 | 2022-05-19 | F | D | 31 | $70.32 | 15,700 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2022-05-19 | M | A | 64 | — | 15,731 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/7th of the restricted stock unit ("RSU") award granted on May 19, 2020. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F3) Includes 278 shares acquired under the Company's 2004 Employee Stock Purchase Plan, as amended, on March 31, 2022. |
| 3 | Derivative | Restricted Stock Units | 2022-05-19 | M | D | 64 | $0.00 | 196 | D | — · — to — | 64 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F6) A total of 1,362 RSUs were originally granted on May 19, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 19, 2020, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the eleventh vesting date (February 19, 2023.) |