Form 4 for CTSH Cognizant
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0001058290-23-000118 · 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 | 2023-04-04 | 2023-04-01 | CTSH | Walker Robert C. | EVP, Pres, Gbl Growth Mkts | F - Tax | $60.93 | -528 | 13.0K | -4% | -$32.2K |
| D | 2023-04-04 | 2023-04-01 | CTSH | Walker Robert C. | EVP, Pres, Gbl Growth Mkts | M - OptEx | — | +1,140 | 13.5K | +9% | — |
| D | 2023-04-04 | 2023-04-01 | CTSH | Walker Robert C. | EVP, Pres, Gbl Growth Mkts | M - OptEx | $0.00 | -1,140 | 5,704 | -17% | $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 | 2023-04-01 | F | D | 528 | $60.93 | 12,972 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 2 | Common | Class A Common Stock | 2023-04-01 | M | A | 1,140 | — | 13,500 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/6th of the restricted stock unit ("RSU") award granted on July 1, 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 | 2023-04-01 | M | D | 1,140 | $0.00 | 5,704 | D | — · — to — | 1,140 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 10,264 RSUs were originally granted on July 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 10 successive quarterly installments, commencing on October 1, 2022, with (i) 1/6th of such RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/6th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the tenth vesting date (January 1, 2025). |