SEC Form 4 · accession 0001209191-16-108727
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maureen Breakiron-Evans
Director
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 10:58 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 | Mar 14, 2016 | M | 10,000 | $13.615 | A | 11,075 | D | |
| Class A Common StockF1 | Mar 14, 2016 | S | 10,000 | $57.791 | D | 1,075 | 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 | $13.615 | Mar 14, 2016 | M | 10,000 | D | Jun 5, 2010 | Jun 5, 2016 | Class A Common Stock | 10,000 | 0 | 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 $57.75 to $57.81. 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 June 5, 2009 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options were fully vested on June 5, 2011. The Date Exercisable above reflects the first anniversary date of such options.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney