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 | +10.3K | $0.00 | 10.3K | Jul 1, 2022 | Class A Common Stock | 10.3K | Direct | F1, F2 |
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 were granted on July 1, 2022 under the Company's 2017 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on October 1, 2022, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (January 1, 2025). |