Filing Details
- Accession Number:
- 0001209191-15-083656
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-12-07 12:25:31
- Reporting Period:
- 2015-12-03
- Filing Date:
- 2015-12-07
- Accepted Time:
- 2015-12-07 12:25:31
- 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 | 2015-12-03 | 4,465 | $0.00 | 79,708 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2015-12-03 | 2,155 | $61.67 | 77,553 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2015-12-03 | 3,282 | $0.00 | 80,835 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2015-12-03 | 1,584 | $61.67 | 79,251 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2015-12-03 | 88,834 | $0.00 | 168,085 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2015-12-03 | 42,863 | $61.67 | 125,222 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2015-12-04 | 15,000 | $61.77 | 110,222 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| 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 | 2015-12-03 | 4,465 | $0.00 | 4,465 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2015-12-03 | 3,282 | $0.00 | 3,282 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2015-12-03 | 88,834 | $0.00 | 88,834 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2015-12-03 | 2015-12-03 | No | 4 | M | Direct |
| 13,128 | 2015-12-03 | 2015-12-03 | No | 4 | M | Direct |
| 0 | 2015-12-03 | 2015-12-03 | No | 4 | M | Direct |
Footnotes
- Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 3, 2012.
- Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 3, 2013.
- Represents the number of shares of Class A Common Stock received from the vesting of 2/3 of the vested performance-based restricted stock units previously granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on December 3, 2012.
- Such shares were sold pursuant to a 10b5-1 Sales Plan.
- Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- The restricted stock units were granted on December 3, 2012 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 were fully vested on December 3, 2015.
- The restricted stock units were granted on December 3, 2013 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 December 3, 2016.
- The performance-based restricted stock units were granted on December 3, 2012 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award, 1/3 of the vested performance-based restricted stock units were issuable on the eighteen-month anniversary of the date of grant of such performance-based restricted stock units, provided the reporting person remained in the Company's service through such anniversary date. The remaining 2/3 of the vested performance-based restricted stock units were issuable on the thirty-six month anniversary of the date of grant of such performance-based restricted stock units, provided that the reporting person remained in the Company's service through such anniversary date.
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