Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSH | Class A Common Stock | Options Exercise | +2.64K | +38.42% | 9.52K | Dec 29, 2021 | Direct | F1, F2 | ||
transaction | CTSH | Class A Common Stock | Tax liability | -$123K | -1.37K | -14.37% | $89.59 | 8.15K | Dec 29, 2021 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSH | Restricted Stock Units | Options Exercise | $0 | -2.64K | -16.67% | $0.00 | 13.2K | Dec 29, 2021 | Class A Common Stock | 2.64K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/8th of the restricted stock unit ("RSU") award granted on March 29, 2021. |
F2 | Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
F3 | Shares of the Company's Class A Common Stock withheld to pay applicable taxes. |
F4 | The RSUs were granted on March 29, 2021 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 29, 2021, with (i) 1/8th of the RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the twelfth vesting date. The RSUs will be fully vested on March 29, 2024. |
Exhibit List: Exhibit 24 - Power of Attorney