Filing Details

Accession Number:
0001209191-17-051565
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-06 16:03:54
Reporting Period:
2017-09-01
Accepted Time:
2017-09-06 15:03:54
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
1371378 Rajeev Mehta 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 Disposition 2017-09-01 32,000 $71.02 187,965 No 4 S Direct
Class A Common Stock Acquisiton 2017-09-01 2,805 $0.00 190,770 No 4 M Direct
Class A Common Stock Disposition 2017-09-01 1,170 $70.83 189,600 No 4 F Direct
Class A Common Stock Acquisiton 2017-09-01 2,418 $0.00 192,018 No 4 M Direct
Class A Common Stock Disposition 2017-09-01 1,009 $70.83 191,009 No 4 F Direct
Class A Common Stock Acquisiton 2017-09-02 3,525 $0.00 194,534 No 4 M Direct
Class A Common Stock Disposition 2017-09-02 1,471 $70.83 193,063 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F 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 2017-09-01 2,805 $0.00 2,805 $0.00
Class A Common Stock Restricted Stock Units Disposition 2017-09-01 2,418 $0.00 2,418 $0.00
Class A Common Stock Restricted Stock Units Disposition 2017-09-02 3,525 $0.00 3,525 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,805 2017-09-01 2017-09-01 No 4 M Direct
12,090 2017-09-01 2017-09-01 No 4 M Direct
35,254 2017-09-02 2017-09-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 103,856 Indirect By Rajeev Mehta 2012 Irrevocable Trust
Class A Common Stock 103,858 Indirect By Ruchita Mehta 2012 Irrevocable Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.00 to $71.10. 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.
  2. 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, 2014.
  3. Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
  4. 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 30, 2015.
  5. Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on March 2, 2017.
  6. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  7. The restricted stock units were granted on December 1, 2014 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on March 1, 2015, 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 1, 2017.
  8. The restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on March 1, 2016, 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 1, 2018.
  9. The restricted stock units were granted on March 2, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on June 2, 2017, 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 March 2, 2020.