Form 4 for CTSH Cognizant
Accepted 2024-09-04 00:00:00 ET · period of report 2024-09-01 · accession 0001058290-24-000295 · 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 | 2024-09-04 | 2024-09-01 | CTSH | Kim John Sunshin | EVP, CLO, CAO | M - OptEx | — | +3,508 | 43.1K | +9% | — |
| D | 2024-09-04 | 2024-09-03 | CTSH | Kim John Sunshin | EVP, CLO, CAO | F - Tax | $77.77 | -1,919 | 41.2K | -4% | -$149.2K |
| DM | 2024-09-04 | 2024-09-01 | CTSH | Kim John Sunshin | EVP, CLO, CAO | M - OptEx | $0.00 | -3,508 | 1,603 | -69% | $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 | 2024-09-01 | M | A | 801 | — | 40,438 | 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 March 1, 2022. (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 | 2024-09-01 | M | A | 1,274 | — | 41,712 | D | — | — | (F3) Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 28, 2024. (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 | 2024-09-01 | M | A | 1,433 | — | 43,145 | D | — | — | (F4) Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on February 28, 2024. (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
| 4 | Common | Class A Common Stock | 2024-09-03 | F | D | 1,919 | $77.77 | 41,226 | D | — | — | (F5) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 5 | Derivative | Restricted Stock Units | 2024-09-01 | M | D | 1,274 | $0.00 | 12,742 | D | — · — to — | 1,274 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F7) A total of 15,290 RSUs were originally granted on February 28, 2024, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2024, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027). |
| 6 | Derivative | Restricted Stock Units | 2024-09-01 | M | D | 1,433 | $0.00 | 8,601 | D | — · — to — | 1,433 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. (F8) A total of 11,467 RSUs were granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with (i) 1/8th of such RSUs vesting on each of June 1, 2024 and the next three quarterly anniversaries of such date; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the following four quarterly anniversaries of such date; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the following three quarterly anniversaries of such date; and (iv) the remainder of such RSUs vesting on the eleventh quarterly anniversary of such date (March 1, 2027). |
| 7 | Derivative | Restricted Stock Units | 2024-09-01 | M | D | 801 | $0.00 | 1,603 | D | — · — to — | 801 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 9,615 RSUs were originally granted on March 1, 2022, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2022, 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 (March 1, 2025). |