Power Rajesh Nambiar - 15 Jun 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Jun 2022, 17:22:15 UTC
Prior SEC filing
03 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Udele Lin, on behalf of Rajesh Nambiar, by Power of Attorney

Key filing fact

Power Rajesh Nambiar filed Form 4 for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) on 17 Jun 2022.

Key facts

  • This page summarizes Power Rajesh Nambiar's Form 4 filing for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Jun 2022, 17:22.

Change

  • Previous filing in this sequence was filed on 03 Jun 2022.
  • Current net transaction value: -$17,540.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CTSH transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+609
Change %
+5.2%
Price
Shares after
12,275
Date
15 Jun 2022
Ownership
Direct
Footnotes
F1, F2
CTSH transaction

Class A Common Stock

Tax liability

Transaction value
$17,540
Shares
-256
Change %
-2.1%
Price
$68.52
Shares after
12,019
Date
15 Jun 2022
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CTSH transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-609
Change %
-17%
Price
$0.000000
Shares after
3,052
Date
15 Jun 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
609
Exercise price
Footnotes
F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/7th of the restricted stock unit ("RSU") award granted on June 18, 2021.

Footnote F2

Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.

Footnote F3

Shares of the Company's Class A Common Stock withheld to pay applicable taxes.

Footnote F4

A total of 6,403 RSUs were granted on June 18, 2021 under the Company's 2017 Incentive Award Plan and began vesting in 11 successive quarterly installments, commencing on September 15, 2021 (the "First Vesting Date"), with (i) 1/7th of the RSUs vesting on the First RSU Vesting Date, (ii) 1/7th of the RSUs vesting on each of the first and second three-month anniversaries of the First RSU Vesting Date, (iii) 2/3rds of 1/7th of the RSUs vesting on each of the third, fourth, fifth and sixth three-month anniversaries of the First RSU Vesting Date, (iv) 1/3rd of 1/7th of the RSUs vesting on each of the seventh, eight and ninth three-month anniversaries of the First RSU Vesting Date, and (v) the remainder of the RSUs vesting on the tenth three-month anniversary of the First RSU Vesting Date (March 15, 2024.)

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