Filing Details

Accession Number:
0001209191-18-016603
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-05 17:04:34
Reporting Period:
2018-03-01
Accepted Time:
2018-03-05 17:04:34
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
1593835 Sumithra Gomatam C/O Cognizant Technology Solutions Corp.
500 Frank W. Burr Blvd.
Teaneck NJ 07666
President - Digital Operations 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 2018-03-01 732 $0.00 8,189 No 4 M Direct
Class A Common Stock Disposition 2018-03-01 257 $81.45 7,932 No 4 F Direct
Class A Common Stock Disposition 2018-03-02 1,060 $80.50 6,872 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 2018-03-01 732 $0.00 732 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,129 2018-03-01 2018-03-01 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, 2016.
  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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.02 to $80.78, inclusive. 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.
  5. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  6. The restricted stock units were granted on December 1, 2016 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on March 1, 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 December 1, 2019.