Filing Details

Accession Number:
0001209191-20-014994
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-03 14:35:53
Reporting Period:
2020-02-28
Accepted Time:
2020-03-03 14:35:53
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
1541806 Malcolm Frank Cognizant Technology Solutions Corp.
500 Frank W. Burr Blvd.
Teaneck NJ 07666
President, Digital Business 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 Disposition 2020-02-28 1,511 $60.42 33,252 No 4 S Direct
Class A Common Stock Disposition 2020-02-28 328 $61.26 32,924 No 4 S Direct
Class A Common Stock Acquisiton 2020-03-01 1,004 $0.00 33,928 No 4 M Direct
Class A Common Stock Disposition 2020-03-01 479 $60.93 33,449 No 4 F Direct
Class A Common Stock Acquisiton 2020-03-01 1,851 $0.00 35,300 No 4 M Direct
Class A Common Stock Disposition 2020-03-01 894 $60.93 34,406 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 F 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 Restricted Stock Units Disposition 2020-03-01 1,004 $0.00 1,004 $0.00
Class A Common Stock Restricted Stock Units Disposition 2020-03-01 1,851 $0.00 1,851 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,018 No 4 M Direct
14,806 No 4 M Direct
Footnotes
  1. Such shares were sold pursuant to a 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 $59.91 to $60.885, inclusive. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation (the "Company"), any security holder of the Company, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.245 to $61.27, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, 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.
  4. Shares of Class A Common Stock the Company received from the vesting of 1/12th of the restricted stock unit award granted on February 26, 2018.
  5. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  6. Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
  7. Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on February 26, 2019.
  8. The restricted stock units were granted on February 26, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2018, 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 March 1, 2021.
  9. The restricted stock units were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2019, 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 March 1, 2022.