Form 4 for CTSH Cognizant

Accepted 2022-05-25 00:00:00 ET · period of report 2022-05-23 · accession 0001058290-22-000135 · 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	2022-05-25	2022-05-23	CTSH	Siegmund Jan	CFO	F - Tax	$71.84	-1,403	34.0K	-4%	-$100.8K
D	2022-05-25	2022-05-23	CTSH	Siegmund Jan	CFO	M - OptEx	—	+2,573	35.4K	+8%	—
D	2022-05-25	2022-05-23	CTSH	Siegmund Jan	CFO	M - OptEx	$0.00	-2,573	18.0K	-13%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-05-23	F	D	1,403	$71.84	33,974	D	—	—	(F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
2	Common	Class A Common Stock	2022-05-23	M	A	2,573	—	35,377	D	—	—	(F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th 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. (F3) Includes 278 shares acquired under the Company's Employee Stock Purchase Plan, as amended, on March 31, 2022.
3	Derivative	Restricted Stock Units	2022-05-23	M	D	2,573	$0.00	18,009	D	— · — to —	2,573 Class A Common Stock	(F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F5) A total of 30,872 RSUs were granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 23, 2021, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (February 23, 2024.)