SEC Form 4 · accession 0001209191-15-014264
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen McLoughlin
Officer — Chief Financial Officer
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 12:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058290
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 12, 2015 | M | 10,000 | $20.17 | A | 34,568 | D | |
| Class A Common StockF1 | Feb 12, 2015 | S | 10,000 | $60.00 | D | 24,568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Option (Right to Buy)F2 | $20.17 | Feb 12, 2015 | M | 10,000 | D | Dec 14, 2007 | Dec 14, 2016 | Class A Common Stock | 10,000 | 50,000 | D |
Explanation of responses
- F1Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.
- F2Such options were granted on December 14, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan, as amended. Such options were 100% vested on December 14, 2010. The Date Exercisable above reflects the first anniversary date of such options.