Form 4 for CTSH Cognizant
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001058290-23-000084 · 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 | 2023-03-03 | 2023-03-01 | CTSH | Telesmanic Robert | SVP, CAO, Ctrl | F - Tax | $62.37 | -387 | 19.1K | -2% | -$24.1K |
| DM | 2023-03-03 | 2023-03-01 | CTSH | Telesmanic Robert | SVP, CAO, Ctrl | M - OptEx | — | +848 | 19.1K | +5% | — |
| DM | 2023-03-03 | 2023-03-01 | CTSH | Telesmanic Robert | SVP, CAO, Ctrl | M - OptEx | $0.00 | -848 | 0 | -100% | $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 | 2023-03-01 | F | D | 387 | $62.37 | 19,140 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2023-03-01 | M | A | 446 | — | 19,527 | D | — | — | (F3) Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the RSU award granted on March 1, 2022. (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 | 2023-03-01 | M | A | 402 | — | 19,081 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 100% of the restricted stock unit ("RSU") award granted on December 1, 2020. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 4 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 446 | $0.00 | 3,565 | D | — · — to — | 446 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F7) A total of 5,347 RSUs were originally granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2022, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2025). |
| 5 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 402 | $0.00 | 0 | D | — · — to — | 402 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 6,027 RSUs were originally granted on December 1, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on March 1, 2021, 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 were fully vested on the ninth vesting date (March 1, 2023). |