Form 4 for CTSH Cognizant
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-15 · accession 0001058290-23-000036 · 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 | 2023-02-17 | 2023-02-15 | CTSH | Kim John Sunshin | EVP, GC | F - Tax | $67.13 | -285 | 15.8K | -2% | -$19.1K |
| D | 2023-02-17 | 2023-02-15 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | — | +626 | 16.1K | +4% | — |
| D | 2023-02-17 | 2023-02-15 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | $0.00 | -626 | 2,501 | -20% | $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 | 2023-02-15 | F | D | 285 | $67.13 | 15,767 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2023-02-15 | M | A | 626 | — | 16,052 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/5th of the restricted stock unit ("RSU") award granted on November 15, 2022. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2023-02-15 | M | D | 626 | $0.00 | 2,501 | D | — · — to — | 626 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 3,127 RSUs were originally granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on February 15, 2023, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (February 15, 2025). |