Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSH | Restricted Stock Units | Award | $0 | +2.95K | $0.00 | 2.95K | Jun 1, 2021 | Class A Common Stock | 2.95K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"). |
F2 | The RSUs will vest fully on June 1, 2022. |
F3 | Vested shares will be delivered to the Reporting Person upon the earliest to occur of (i) a "change in control event" of the Company, (ii) the Reporting Person's death or permanent disability or (iii) in three equal annual installments beginning on the first July 1 following the date the Reporting Person terminates service with the Company. |