Filing Details
- Accession Number:
- 0001209191-16-153728
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-06 17:49:28
- Reporting Period:
- 2016-12-03
- Filing Date:
- 2016-12-06
- Accepted Time:
- 2016-12-06 17:49:28
- 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 |
|---|---|---|---|---|---|---|---|
| 1684852 | Patrick James Lennox | C/O Cognizant Technology Solutions Corp. 500 Frank W. Burr Blvd. Teaneck NJ 07666 | Evp - Chief People Officer | 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 | 2016-12-03 | 2,570 | $0.00 | 13,339 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2016-12-03 | 958 | $54.02 | 12,381 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2016-12-05 | 690 | $54.67 | 11,691 | 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 | 2016-12-03 | 2,570 | $0.00 | 2,570 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-12-03 | 2016-12-03 | No | 4 | M | Direct |
Footnotes
- Represents the number of shares of Class A Common Stock received from the vesting of 1/2 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, 2013.
- Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- Such shares were sold pursuant to a Rule 10b5-1 Sales Plan
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.07 to $54.86. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation, any security holder of Cognizant Technology Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- The performance-based restricted stock units were granted on December 3, 2013 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award, 1/2 of the vested performance-based restricted stock units were issued on June 3, 2015. The remaining 1/2 of the vested performance-based restricted stock units were issuable on December 3, 2016, provided that the reporting person remained in the Company's service through such anniversary date.
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