Filing Details

Accession Number:
0001209191-11-016967
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-10 12:00:00
Reporting Period:
2011-03-09
Filing Date:
2011-03-10
Accepted Time:
2011-03-10 14:16:40
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 2011-03-09 3,500 $40.33 8,476 No 4 M Direct
Class A Common Stock Disposition 2011-03-09 3,500 $78.33 4,976 No 4 S Direct
Class A Common Stock Acquisiton 2011-03-09 3,333 $0.00 8,309 No 4 M Direct
Class A Common Stock Disposition 2011-03-09 1,477 $78.41 6,832 No 4 F 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 F 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 2011-03-09 3,500 $0.00 3,500 $40.33
Class A Common Stock Restricted Stock Units Disposition 2011-03-09 3,333 $0.00 3,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2007-12-14 2016-12-14 No 4 M Direct
22,431 2011-03-09 2011-03-09 No 4 M Direct
Footnotes
  1. Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
  2. Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 9, 2008.
  3. Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
  4. Such options were granted on December 14, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options were fully vested on December 14, 2010. The Date Exercisable above reflects the first anniversary date of such option.
  5. Excludes previously granted options for an aggregate of 20,000 shares of Class A Common Stock, which have a different exercise price and vesting dates.
  6. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
  7. The restricted stock units were granted under the Company's Amended and Restated 1999 Incentive Compensation Plan, as amended, on December 9, 2008 and vest in quarterly installments over three years, with 1/12 of the restricted stock units vesting on each quarterly vesting date so that the restricted stock units will be fully vested on the twelfth quarterly vesting date, December 9, 2011.