Form 4 for CTSH Cognizant
Accepted 2022-11-28 00:00:00 ET · period of report 2022-11-23 · accession 0001058290-22-000351 · 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 | 2022-11-28 | 2022-11-23 | CTSH | Schmitt Becky | EVP, CHRO | M - OptEx | — | +228 | 21.2K | +1% | — |
| D | 2022-11-28 | 2022-11-23 | CTSH | Schmitt Becky | EVP, CHRO | F - Tax | $60.03 | -107 | 21.1K | -0.5% | -$6,423 |
| D | 2022-11-28 | 2022-11-23 | CTSH | Schmitt Becky | EVP, CHRO | M - OptEx | $0.00 | -228 | 686 | -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 | 2022-11-23 | M | A | 228 | — | 21,206 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/8th 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) Since the date of the reporting person's last ownership report, the reporting person transferred 20,978 shares to her ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any Company securities owned by her ex-spouse. |
| 2 | Common | Class A Common Stock | 2022-11-23 | F | D | 107 | $60.03 | 21,099 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 3 | Derivative | Restricted Stock Units | 2022-11-23 | M | D | 228 | $0.00 | 686 | D | — · — to — | 228 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 2,744 RSUs were granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting vest in quarterly installments over three years, commencing on May 23, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rd 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 23, 2024). |