Filing Details

Accession Number:
0001209191-10-013915
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-03 12:00:00
Reporting Period:
2010-03-01
Filing Date:
2010-03-03
Accepted Time:
2010-03-03 13:54:20
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
1276247 Chandrasekaran Ramakrishnan C/O Cognizant Technology Solutions Corp
500 Frank W. Burr Blvd
Teaneck NJ 07666
Pres. & Md, Global Delivery 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 2010-03-01 1,666 $0.00 16,994 No 4 M Direct
Class A Common Stock Disposition 2010-03-01 515 $49.48 16,479 No 4 F Direct
Class A Common Stock Acquisiton 2010-03-01 50,000 $33.71 66,479 No 4 M Direct
Class A Common Stock Disposition 2010-03-01 25,000 $50.07 41,479 No 4 S Direct
Class A Common Stock Disposition 2010-03-01 25,000 $49.09 16,479 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 S 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 2010-03-01 1,666 $0.00 1,666 $0.00
Class A Common Stock Class A Common Stock Option (Right to Buy) Disposition 2010-03-01 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
63,597 2010-03-01 2010-03-01 No 4 M Direct
50,000 2007-08-07 2016-08-07 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 December 1, 2009.
  2. Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
  3. Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
  4. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  5. The restricted stock units were granted on December 1, 2009 under the Cognizant Technology Solutions 2009 Incentive Compensation Plan and vest in quarterly installments over three years, with 1/12th of the restricted stock units vesting on each quarterly vesting date so that the restricted stock units will be fully vested on the twelfth quarterly vesting date, December 1, 2012.
  6. Such options were granted on August 7, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options vest as follows: 25% on August 7, 2007; 25% on August 7, 2008; 25% on August 7, 2009 and 25% on August 7, 2010. The options will be fully vested on August 7, 2010.
  7. Excludes previously granted options for an aggregate of 298,000 shares of Class A Common Stock, which have different exercise and vesting dates.