Form 4 for CTSH Cognizant
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-04 · accession 0001058290-24-000088 · 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 | 2024-03-06 | 2024-03-04 | CTSH | Dalal Jatin P | CFO | M - OptEx | — | +9,187 | 9,187 | New | — |
| D | 2024-03-06 | 2024-03-04 | CTSH | Dalal Jatin P | CFO | F - Tax | $79.08 | -3,708 | 5,479 | -40% | -$293.2K |
| DM | 2024-03-06 | 2024-03-04 | CTSH | Dalal Jatin P | CFO | M - OptEx | $0.00 | -9,187 | 26.0K | -26% | $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 | 2024-03-04 | M | A | 2,687 | — | 2,687 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/4th of the restricted stock unit ("RSU") award granted on December 4, 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 | 2024-03-04 | M | A | 6,500 | — | 9,187 | D | — | — | (F3) Shares of Class A Common Stock of the Company received from the vesting of 1/5th of the RSU award granted on December 4, 2023. (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 | 2024-03-04 | F | D | 3,708 | $79.08 | 5,479 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 4 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 2,687 | $0.00 | 8,063 | D | — · — to — | 2,687 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 10,750 RSUs were granted on December 4, 2023, under the Company's 2023 Incentive Award Plan and will vest in four successive quarterly installments, commencing on March 4, 2024, with 1/4th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the fourth quarterly vesting date (December 4, 2024). |
| 5 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 6,500 | $0.00 | 25,997 | D | — · — to — | 6,500 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 32,497 RSUs were granted on December 4, 2023 under the Company's 2023 Incentive Award Plan (the "Plan") and will vest in nine successive quarterly installments, commencing on March 4, 2024, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (March 4, 2026). |