Form 4 for CTSH Cognizant
Accepted 2022-11-03 00:00:00 ET · period of report 2022-11-01 · accession 0001058290-22-000323 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-03 | 2022-11-01 | CTSH | Walker Robert C. | EVP, Pres, Gbl Growth Mkts | M - OptEx | — | +1,583 | 9,703 | +19% | — |
| D | 2022-11-03 | 2022-11-01 | CTSH | Walker Robert C. | EVP, Pres, Gbl Growth Mkts | F - Tax | $62.53 | -741 | 9,594 | -7% | -$46.3K |
| DM | 2022-11-03 | 2022-11-01 | CTSH | Walker Robert C. | EVP, Pres, Gbl Growth Mkts | M - OptEx | $0.00 | -1,583 | 1,903 | -45% | $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 | 2022-11-01 | M | A | 632 | — | 10,335 | D | — | — | (F3) Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/8th of the RSU award granted on February 1, 2021. (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 | 2022-11-01 | M | A | 951 | — | 9,703 | 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 1, 2021. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2022-11-01 | F | D | 741 | $62.53 | 9,594 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 4 | Derivative | Restricted Stock Units | 2022-11-01 | M | D | 951 | $0.00 | 4,757 | D | — · — to — | 951 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 11,415 RSUs were originally granted on February 1, 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 1, 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 1, 2024). |
| 5 | Derivative | Restricted Stock Units | 2022-11-01 | M | D | 632 | $0.00 | 1,903 | D | — · — to — | 632 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 7,610 RSUs were originally granted on February 1, 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 1, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 1, 2024). |