Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSH | Class A Common Stock | Options Exercise | +3.58K | +18.09% | 23.4K | Jun 6, 2024 | Direct | F1, F2 |
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 | -3.58K | -99.99% | $0.00 | 0.339 | Jun 6, 2024 | Class A Common Stock | 3.58K | Direct | F2, F3 | |
transaction | CTSH | Restricted Stock Units | Disposed to Issuer | -$23 | -0.339 | -99.65% | $66.31 | 0 | Jun 6, 2024 | Class A Common Stock | 0.339 | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received in connection with the vesting of 100% of the restricted stock unit ("RSU") award granted on June 6, 2023, and the related RSUs received pursuant to dividend equivalent rights; provided, however, that the reporting person was only entitled to receive whole shares and the fractional share related thereto was disposed of separately. |
F2 | Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. |
F3 | 3,538 of the RSUs were originally granted on June 6, 2023, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to the dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on June 6, 2024. |
F4 | Represents the payment of cash in lieu of a fractional share related to the RSUs described above in accordance with the Plan and the cancellation of the corresponding fractional RSU. |