Form 4 for CTSH Cognizant
Accepted 2023-08-21 00:00:00 ET · period of report 2023-08-17 · accession 0001058290-23-000288 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-21 | 2023-08-17 | CTSH | Diaz Kathryn | SVP, Interim Chief People Off | M - OptEx | — | +206 | 5,693 | +4% | — |
| D | 2023-08-21 | 2023-08-17 | CTSH | Diaz Kathryn | SVP, Interim Chief People Off | F - Tax | $69.08 | -71 | 5,622 | -1% | -$4,905 |
| DM | 2023-08-21 | 2023-08-17 | CTSH | Diaz Kathryn | SVP, Interim Chief People Off | M - OptEx | $0.00 | -206 | 237 | -47% | $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 | 2023-08-17 | M | A | 88 | — | 5,575 | 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 May 17, 2021. (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 | 2023-08-17 | M | A | 118 | — | 5,693 | D | — | — | (F3) Shares of Class A Common Stock of the Company received from the vesting of 1/3rd or 1/7th of the RSU award granted on May 17, 2021. (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 | 2023-08-17 | F | D | 71 | $69.08 | 5,622 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 4 | Derivative | Restricted Stock Units | 2023-08-17 | M | D | 88 | $0.00 | 266 | D | — · — to — | 88 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 1,061 RSUs were originally granted on May 17, 2021, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on August 17, 2021, 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 (May 17, 2024). |
| 5 | Derivative | Restricted Stock Units | 2023-08-17 | M | D | 118 | $0.00 | 237 | D | — · — to — | 118 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 2,477 RSUs were originally granted on May 17, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 17, 2021, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the eleventh vesting date (February 17, 2024). |