Filing Details

Accession Number:
0001209191-14-037859
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-30 13:09:14
Reporting Period:
2014-05-28
Filing Date:
2014-05-30
Accepted Time:
2014-05-30 12:09:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1058290 Cognizant Technology Solutions Corp CTSH Services-Computer Programming Services (7371) 133728359
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1231713 Gordon Coburn C/O Cognizant Technology Solutions Corp.
500 Frank W. Burr Blvd
Teaneck NJ 07666
President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2014-05-28 4,967 $0.00 129,334 No 4 M Direct
Class A Common Stock Disposition 2014-05-28 2,420 $48.90 126,914 No 4 F Direct
Class A Common Stock Disposition 2014-05-29 22,038 $48.82 104,876 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2014-05-28 4,967 $0.00 4,967 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,935 2014-05-28 2014-05-28 No 4 M Direct
Footnotes
  1. Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on November 28, 2011.
  2. This number reflects the Issuer's two-for-one stock split in the form of a 100% stock dividend, which was effected on March 7, 2014.
  3. Includes 505 shares acquired under the Company's 2004 Employee Stock Purchase Plan, as amended, on March 31, 2014.
  4. Reflects a correction to the number of shares withheld for settlement of tax obligations reported in the reporting person's Form 4 filed on March 5, 2014.
  5. Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
  6. Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
  7. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  8. The restricted stock units were granted on November 28, 2011 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on November 28, 2014.