SEC Form 4 · accession 0001209191-17-038898
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Klein
Director
Period of report
Jun 7, 2017
Accepted (ET)
Jun 9, 2017 · 4:31 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Jun 7, 2017 | A | 3,136 | A | — | — | Class A Common Stock | 3,136 | 3,136 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- F2The restricted stock units vest fully on June 7, 2018.
- F3Vested 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) in three equal annual installments beginning on July 1 following the year in which the reporting person terminates employment with the Company.