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
- Such shares were sold pursuant to a 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 $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.
- 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.
- 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.
- Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- 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.
- 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.
- 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.