SEC Form 4 · accession 0001209191-15-040350
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leo S. Mackay Jr.
Director
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 11:10 am EDT
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 | May 6, 2015 | M | 20,000 | $35.50 | A | 21,028 | D | |
| Class A Common Stock | May 6, 2015 | M | 5,780 | $32.41 | A | 26,808 | D | |
| Class A Common StockF1 | May 6, 2015 | S | 25,780 | $60.3546 | D | 1,028 | 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 | $35.50 | May 6, 2015 | M | 20,000 | D | Sep 16, 2013 | Sep 16, 2019 | Class A Common Stock | 20,000 | 0 | D |
| Class A Common Stock Option (Right to Buy)F3 | $32.41 | May 6, 2015 | M | 5,780 | D | Jun 4, 2014 | Jun 4, 2020 | Class A Common Stock | 5,780 | 5,780 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.35 to $60.355. 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.
- F2Such options were granted on September 16, 2012 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such options were 100% vested on September 4, 2014. The Date Exercisable above reflects the first anniversary date of such options.
- F3Such options were granted on June 4, 2013 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such exercised options were vested on June 4, 2014. The Date Exercisable above reflects the first anniversary date of such options.