Form 4 for CTSH Cognizant
Accepted 2023-05-18 00:00:00 ET · period of report 2023-05-16 · accession 0001058290-23-000149 · 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 | 2023-05-18 | 2023-05-16 | CTSH | Siegmund Jan | CFO | M - OptEx | — | +3,076 | 61.0K | +5% | — |
| D | 2023-05-18 | 2023-05-16 | CTSH | Siegmund Jan | CFO | F - Tax | $61.98 | -1,695 | 59.3K | -3% | -$105.1K |
| D | 2023-05-18 | 2023-05-16 | CTSH | Siegmund Jan | CFO | M - OptEx | $0.00 | -3,076 | 33.8K | -8% | $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 | 2023-05-16 | M | A | 3,076 | — | 60,968 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 16, 2023. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-05-16 | F | D | 1,695 | $61.98 | 59,273 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. (F4) Includes 434 shares acquired under the Cognizant Technology Solutions Corporation Employee Stock Purchase Plan, as amended, on March 31, 2023. |
| 3 | Derivative | Restricted Stock Units | 2023-05-16 | M | D | 3,076 | $0.00 | 33,843 | D | — · — to — | 3,076 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 36,919 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (February 16, 2026). |