SEC Form 4 · accession 0001209191-15-069761

COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President

Period of report

Sep 3, 2015

Accepted (ET)

Sep 8, 2015 · 2:59 pm 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
Class A Common Stock^F1	Sep 3, 2015	M	4,465	$0.00	A	80,628	D
Class A Common Stock^F2	Sep 3, 2015	F	2,155	$62.86	D	78,473	D
Class A Common Stock^F3	Sep 3, 2015	M	3,283	$0.00	A	81,756	D
Class A Common Stock^F2	Sep 3, 2015	F	1,585	$62.86	D	80,171	D
Class A Common Stock^F4	Sep 4, 2015	S	6,446	$61.76	D	73,725	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F6	$0.00	Sep 3, 2015	M	4,465	D	Sep 3, 2015	Sep 3, 2015	Class A Common Stock	4,465	4,465	D
Restricted Stock Units^F5,F7	$0.00	Sep 3, 2015	M	3,283	D	Sep 3, 2015	Sep 3, 2015	Class A Common Stock	3,283	16,410	D

F1Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 3, 2012.
F2Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
F3Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 3, 2013.
F4Such shares were sold pursuant to a 10b5-1 Sales Plan.
F5Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F6The restricted stock units were granted on December 3, 2012 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, 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 3, 2015.
F7The restricted stock units were granted on December 3, 2013 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vest in quarterly installments over three years, 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 3, 2016.