SEC Form 4 · accession 0001209191-17-024655
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M. Dineen
Director
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058290
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $59.52 | Apr 1, 2017 | A | 1,827 | A | — | Apr 1, 2024 | Class A Common Stock | 1,827 | 1,827 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Apr 1, 2017 | A | 400 | A | — | — | Class A Common Stock | 400 | 400 | D |
Explanation of responses
- F1The options vest in two equal annual installments beginning on April 1, 2018.
- F2Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3The restricted stock units vest in three equal annual installments beginning on April 1, 2018.
- F4Vested shares will be delivered to the reporting person upon the earliest to occur of (i) a "change in control event" of the Company (ii) the Director's death or permanent disability or (iii) on July 1 following the year in which the reporting person terminates employment with the Company.