Filing Details
- Accession Number:
- 0001209191-16-126145
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-06-07 12:29:46
- Reporting Period:
- 2016-06-03
- Filing Date:
- 2016-06-07
- Accepted Time:
- 2016-06-07 12:29:46
- 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 |
---|---|---|---|---|---|---|---|
1231713 | Gordon Coburn | C/O Cognizant Technology Solutions Corp. 500 Frank W. Burr Blvd Teaneck NJ 07666 | President | 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 | 2016-06-03 | 3,282 | $0.00 | 90,012 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2016-06-03 | 1,584 | $60.12 | 88,428 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2016-06-06 | 15,000 | $60.05 | 73,428 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2016-06-07 | 7,881 | $60.72 | 65,547 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | 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 | Restricted Stock Units | Disposition | 2016-06-03 | 3,282 | $0.00 | 3,282 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,564 | 2016-06-03 | 2016-06-03 | No | 4 | M | Direct |
Footnotes
- 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 3, 2013.
- Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.69 to $60.78. 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.
- Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- The restricted stock units were granted on December 3, 2013 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on December 3, 2016.