Form 4 for CTSH Cognizant
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001058290-24-000100 · 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 | 2024-03-19 | 2024-03-15 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | — | +11.8K | 40.3K | +42% | — |
| D | 2024-03-19 | 2024-03-15 | CTSH | Kim John Sunshin | EVP, GC | F - Tax | $75.33 | -5,363 | 34.9K | -13% | -$404.0K |
| DM | 2024-03-19 | 2024-03-15 | CTSH | Kim John Sunshin | EVP, GC | M - OptEx | $0.00 | -11.8K | 0 | -100% | $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 | 2024-03-15 | M | A | 1,880 | — | 30,317 | D | — | — | (F1) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on February 23, 2021, under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 28, 2024, and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2024. (F2) Each PSU represents a contingent right to receive one share of Class A Common Stock of the Company. |
| 2 | Common | Class A Common Stock | 2024-03-15 | F | D | 5,363 | $75.33 | 34,908 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 3 | Common | Class A Common Stock | 2024-03-15 | M | A | 9,954 | — | 40,271 | D | — | — | (F3) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on March 29, 2021, under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 28, 2024, and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2024. (F2) Each PSU represents a contingent right to receive one share of Class A Common Stock of the Company. |
| 4 | Derivative | Performance Stock Units | 2024-03-15 | M | D | 9,954 | $0.00 | 0 | D | — · — to — | 9,954 Class A Common Stock | (F2) Each PSU represents a contingent right to receive one share of Class A Common Stock of the Company. (F3) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on March 29, 2021, under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 28, 2024, and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2024. |
| 5 | Derivative | Performance Stock Units | 2024-03-15 | M | D | 1,880 | $0.00 | 0 | D | — · — to — | 1,880 Class A Common Stock | (F2) Each PSU represents a contingent right to receive one share of Class A Common Stock of the Company. (F1) Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on February 23, 2021, under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 28, 2024, and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2024. |