Form 4 for CTSH Cognizant
Accepted 2024-06-10 00:00:00 ET · period of report 2024-06-06 · accession 0001058290-24-000216 · 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 | 2024-06-10 | 2024-06-06 | CTSH | VELLI JOSEPH M | Dir | M - OptEx | — | +3,582 | 23.4K | +18% | — |
| D | 2024-06-10 | 2024-06-06 | CTSH | VELLI JOSEPH M | Dir | D - Sale to Iss | $66.31 | -0.34 | 0 | -100% | -$22.55 |
| D | 2024-06-10 | 2024-06-06 | CTSH | VELLI JOSEPH M | Dir | M - OptEx | $0.00 | -3,582 | 0.34 | -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 | 2024-06-06 | M | A | 3,582 | — | 23,383 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received in connection with the vesting of 100% of the restricted stock unit ("RSU") award granted on June 6, 2023, and the related RSUs received pursuant to dividend equivalent rights; provided, however, that the reporting person was only entitled to receive whole shares and the fractional share related thereto was disposed of separately. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 2 | Derivative | Restricted Stock Units | 2024-06-06 | D | D | 0.34 | $66.31 | 0 | D | — · — to — | 0.34 Class A Common Stock | (F4) Represents the payment of cash in lieu of a fractional share related to the RSUs described above in accordance with the Plan and the cancellation of the corresponding fractional RSU. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F3) 3,538 of the RSUs were originally granted on June 6, 2023, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to the dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on June 6, 2024. |
| 3 | Derivative | Restricted Stock Units | 2024-06-06 | M | D | 3,582 | $0.00 | 0.34 | D | — · — to — | 3,582 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F3) 3,538 of the RSUs were originally granted on June 6, 2023, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to the dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on June 6, 2024. |