Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSH | Deferred Restricted Stock Units | Award | $0 | +17.8 | +0.39% | $0.00 | 4.58K | Aug 28, 2024 | Class A Common Stock | 17.8 | Direct | F1, F2 | |
transaction | CTSH | Restricted Stock Units | Award | $0 | +13.1 | +0.39% | $0.00 | 3.38K | Aug 28, 2024 | Class A Common Stock | 13.1 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Reflects deferred restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred restricted stock units. Each deferred restricted stock unit represents a right to receive one share of Class A Common Stock of the Company. |
F2 | The deferred restricted stock units are fully vested and will be settled upon the Reporting Person's termination of service from the Board. |
F3 | Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. |
F4 | The restricted stock units will vest fully on June 4, 2025. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability). |