Power Brian Humphries - 05 Dec 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: CTSH
Reported as of: 05 Dec 2022
Net transaction value: -$19,586
SEC form: 4
Accepted by SEC: 07 Dec 2022, 15:27:01 UTC
Prior SEC filing: 05 Dec 2022
Source filing: View source filing
Reporting owner signature: /s/ Carrie P. Ryan, on behalf of Brian Humphries, by Power of Attorney

Key filing fact

Power Brian Humphries filed Form 4 for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) on 07 Dec 2022.

Key facts

This page summarizes Power Brian Humphries's Form 4 filing for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Dec 2022, 15:27.

Change

Previous filing in this sequence was filed on 05 Dec 2022.
Current net transaction value: -$19,586.

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: +5,784
Change %: +3.7%
Price
Shares after: 162,423
Date: 05 Dec 2022
Ownership: Direct
Footnotes: F1, F2

CTSH transaction

Class A Common Stock

Tax liability

Transaction value: $19,586
Shares: -324
Change %: -0.2%
Price: $60.45
Shares after: 162,099
Date: 05 Dec 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: -5,784
Change %: -50%
Price: $0.000000
Shares after: 5,785
Date: 05 Dec 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,784
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 1/12th of the restricted stock unit ("RSU") award granted on March 5, 2020.

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 69,414 RSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 5, 2020, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 5, 2023).