SEC Form 4 · accession 0001209191-17-036076
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Wendel
Director
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 2:03 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 25, 2017 | M | 20,000 | $37.68 | A | 80,000 | D | |
| Class A Common Stock | May 25, 2017 | F | 11,268 | $66.88 | D | 68,732 | D | |
| Class A Common Stock | May 25, 2017 | M | 5,000 | $29.18 | A | 73,732 | D | |
| Class A Common Stock | May 25, 2017 | F | 2,182 | $66.88 | D | 71,550 | D | |
| Class A Common Stock | May 25, 2017 | M | 11,560 | $32.41 | A | 83,110 | D | |
| Class A Common Stock | May 25, 2017 | F | 5,602 | $66.88 | D | 77,508 | D | |
| Class A Common Stock | May 25, 2017 | M | 8,467 | $48.50 | A | 85,975 | D | |
| Class A Common Stock | May 25, 2017 | F | 6,141 | $66.88 | D | 79,834 | D | |
| Class A Common Stock | May 25, 2017 | M | 3,185 | $65.60 | A | 83,019 | D | |
| Class A Common Stock | May 25, 2017 | F | 3,125 | $66.88 | D | 79,894 | D | |
| Class A Common Stock | holding | — | — | — | 16,000 | I | By the Tom Wendel Charitable Remainder Unitrust |
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 | $37.68 | May 25, 2017 | M | 20,000 | D | Jun 2, 2012 | Jun 2, 2018 | Class A Common Stock | 20,000 | 0 | D |
| Class A Common Stock Option (Right to Buy)F2 | $29.18 | May 25, 2017 | M | 5,000 | D | Jun 5, 2013 | Jun 5, 2019 | Class A Common Stock | 5,000 | 0 | D |
| Class A Common Stock Option (Right to Buy)F3 | $32.41 | May 25, 2017 | M | 11,560 | D | Jun 4, 2014 | Jun 4, 2020 | Class A Common Stock | 11,560 | 0 | D |
| Class A Common Stock Option (Right to Buy)F4 | $48.50 | May 25, 2017 | M | 8,467 | D | Jun 3, 2015 | Jun 3, 2021 | Class A Common Stock | 8,467 | 0 | D |
| Class A Common Stock Option (Right to Buy)F5 | $65.60 | May 25, 2017 | M | 3,185 | D | Jun 2, 2016 | Jun 2, 2022 | Class A Common Stock | 3,185 | 3,186 | D |
Explanation of responses
- F1Such options were granted on June 2, 2011 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such options were 100% vested on June 2, 2013. The Date Exercisable above reflects the first anniversary date of such options.
- F2Such options were granted on June 5, 2012 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such options were 100% vested on June 5, 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 options were 100% vested on June 4, 2015. The Date Exercisable above reflects the first anniversary date of such options.
- F4Such options were granted on June 3, 2014 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such options were 100% vested on June 3, 2016. The Date Exercisable above reflects the first anniversary date of such options.
- F5Such options were granted on June 2, 2015 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such options were 50% vested on June 2, 2016; the remaining 50% vest on June 2, 2017. The Date Exercisable above reflects the first anniversary date of such options.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney