Form 4 for CTSH Cognizant
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001058290-23-000110 · 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 | 2023-03-17 | 2023-03-15 | CTSH | Siegmund Jan | CFO | F - Tax | $57.07 | -5,458 | 57.5K | -9% | -$311.5K |
| D | 2023-03-17 | 2023-03-15 | CTSH | Siegmund Jan | CFO | M - OptEx | — | +10.2K | 62.9K | +19% | — |
| D | 2023-03-17 | 2023-03-15 | CTSH | Siegmund Jan | CFO | M - OptEx | $0.00 | -10.2K | 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 | 2023-03-15 | F | D | 5,458 | $57.07 | 57,458 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2023-03-15 | M | A | 10,238 | — | 62,916 | D | — | — | (F1) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on September 1, 2020 under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 16, 2023 and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2023. (F2) Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 3 | Derivative | Performance Stock Units | 2023-03-15 | M | D | 10,238 | $0.00 | 0 | D | — · — to — | 10,238 Class A Common Stock | (F2) Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F1) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on September 1, 2020 under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 16, 2023 and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2023. |