Form 4 for CTSH Cognizant
Accepted 2024-12-17 00:00:00 ET · period of report 2024-12-15 · accession 0001058290-24-000389 · 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 | 2024-12-17 | 2024-12-15 | CTSH | Varrier Rajesh | EVP-Gbl Head of Ops | M - OptEx | — | +1,562 | 1,562 | New | — |
| D | 2024-12-17 | 2024-12-16 | CTSH | Varrier Rajesh | EVP-Gbl Head of Ops | F - Tax | $80.06 | -607 | 955 | -39% | -$48.6K |
| DM | 2024-12-17 | 2024-12-15 | CTSH | Varrier Rajesh | EVP-Gbl Head of Ops | M - OptEx | $0.00 | -1,562 | 4,070 | -28% | $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 | 2024-12-15 | M | A | 748 | — | 748 | D | — | — | (F1) Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/8th of the restricted stock unit ("RSU") award granted on September 3, 2024. (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 | 2024-12-15 | M | A | 814 | — | 1,562 | D | — | — | (F3) Shares of Class A Common Stock of the Company received from the vesting of 1/6th of the RSU award granted on September 3, 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 | 2024-12-16 | F | D | 607 | $80.06 | 955 | D | — | — | (F4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
| 4 | Derivative | Restricted Stock Units | 2024-12-15 | M | D | 748 | $0.00 | 5,243 | D | — · — to — | 748 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 5,991 RSUs were originally granted on September 3, 2024, under the Company's 2023 Incentive Award Plan and will vest in eight successive quarterly installments, with 1/8th of such RSUs first vesting on December 15, 2024, and each quarterly anniversary of such date so that such RSUs will be fully vested on the eighth quarterly vesting date (September 15, 2026). |
| 5 | Derivative | Restricted Stock Units | 2024-12-15 | M | D | 814 | $0.00 | 4,070 | D | — · — to — | 814 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 4,884 RSUs were originally granted on September 3, 2024 under the Company's 2023 Incentive Award Plan and will vest in ten successive quarterly installments, with (i) 1/6th of such RSUs vesting on each of December 15, 2024 and the quarterly anniversary of such date; (ii) 2/3rds of 1/6th of such RSUs vesting on each of the following four quarterly anniversaries of such date; (iii) 1/3rd of 1/6th of such RSUs vesting on each of the following three quarterly anniversaries of such date; and (iv) the remainder of such RSUs vesting on March 15, 2026. |