Filing Details

Accession Number:
0001209191-13-015209
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-08 12:01:13
Reporting Period:
2013-03-06
Filing Date:
2013-03-08
Accepted Time:
2013-03-08 12:01:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1058290 Cognizant Technology Solutions Corp CTSH Services-Computer Programming Services (7371) 133728359
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1407348 Steven Schwartz C/O Cognizant Technology Solutions Corp.
500 Frank W. Burr Blvd
Teaneck NJ 07666
Sr Vp, General Counsel & Secr. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2013-03-06 8,082 $18.21 42,498 No 4 M Direct
Class A Common Stock Disposition 2013-03-06 16,207 $80.24 26,291 No 4 S Direct
Class A Common Stock Acquisiton 2013-03-07 1,918 $18.21 28,209 No 4 M Direct
Class A Common Stock Disposition 2013-03-07 1,918 $80.75 26,291 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class A Common Stock Option (Right to Buy) Disposition 2013-03-06 8,082 $0.00 8,082 $18.21
Class A Common Stock Class A Common Stock Option (Right to Buy) Disposition 2013-03-07 1,918 $0.00 1,918 $18.21
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,918 2009-12-09 2018-12-09 No 4 M Direct
10,000 2009-12-09 2018-12-09 No 4 M Direct
Footnotes
  1. Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.75. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation, any security holder of Cognizant Technology Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  3. Such options were granted on December 9, 2008 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan, as amended. Such options vest in four equal annual installments, with 25% of the options vesting on the one year anniversary of the grant date, 25% of the options vesting on the two year anniversary of the grant date, 25% of the options vesting on the three year anniversary of the grant date and 25% of the options vesting on the four year anniversary of the grant date, so that the options will be fully vested on the four year anniversary of the grant date. The options were fully vested on December 9, 2012. The Date Exercisable above reflects the first anniversary date of such options.