Form 4 for CTSH Cognizant
Accepted 2023-10-03 00:00:00 ET · period of report 2023-09-29 · accession 0001058290-23-000318 · 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 | 2023-10-03 | 2023-09-29 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | — | +882 | 24.4K | +4% | — |
| D | 2023-10-03 | 2023-09-29 | CTSH | Kim John Sunshin | EVP, GC | F - Tax | $67.74 | -473 | 23.9K | -2% | -$32.0K |
| D | 2023-10-03 | 2023-09-29 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | $0.00 | -882 | 1,763 | -33% | $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 | 2023-09-29 | M | A | 882 | — | 24,397 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/8th of the restricted stock unit ("RSU") award originally granted on March 29, 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 | 2023-09-29 | F | D | 473 | $67.74 | 23,924 | D | — | — | (F3) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 3 | Derivative | Restricted Stock Units | 2023-09-29 | M | D | 882 | $0.00 | 1,763 | D | — · — to — | 882 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 21,137 RSUs were originally granted on March 29, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 29, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the twelfth vesting date (March 29, 2024). |