Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTSH | Class A Common Stock | Options Exercise | +935 | +8.28% | 12.2K | Dec 6, 2024 | Direct | F1, F2 | ||
transaction | CTSH | Class A Common Stock | Tax liability | -$38.1K | -470 | -3.84% | $81.15 | 11.8K | Dec 6, 2024 | 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 | -935 | -24.99% | $0.00 | 2.81K | Dec 6, 2024 | Class A Common Stock | 935 | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/6th of the restricted stock unit ("RSU") award granted on September 6, 2023. |
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 | A total of 8,415 RSUs were granted on September 6, 2023 under the Company's 2023 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on December 6, 2023, 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 (March 6, 2026). |