Form 4 for CTSH Cognizant
Accepted 2022-10-11 00:00:00 ET · period of report 2022-10-09 · accession 0001058290-22-000312 · 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 | 2022-10-11 | 2022-10-09 | CTSH | Stafford Andrew J | EVP Gbl Deliv, S, P Engineer | M - OptEx | — | +1,508 | 14.0K | +12% | — |
| D | 2022-10-11 | 2022-10-09 | CTSH | Stafford Andrew J | EVP Gbl Deliv, S, P Engineer | F - Tax | $58.49 | -699 | 13.3K | -5% | -$40.9K |
| D | 2022-10-11 | 2022-10-09 | CTSH | Stafford Andrew J | EVP Gbl Deliv, S, P Engineer | M - OptEx | $0.00 | -1,508 | 1,508 | -50% | $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 | 2022-10-09 | M | A | 1,508 | — | 14,011 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/6th of the restricted stock unit ("RSU") award originally granted on July 9, 2020. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2022-10-09 | F | D | 699 | $58.49 | 13,312 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 3 | Derivative | Restricted Stock Units | 2022-10-09 | M | D | 1,508 | $0.00 | 1,508 | D | — · — to — | 1,508 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F4) A total of 27,134 RSUs were originally granted on July 9, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 10 successive quarterly installments, commencing on October 9, 2020, with (i) 1/6th of such RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/6th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (January 9, 2023). |