SEC Form 4 · accession 0001209191-17-053257
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zein Abdalla
Director
Period of report
Sep 15, 2017
Accepted (ET)
Sep 19, 2017 · 11:06 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 StockF1 | Sep 15, 2017 | M | 397 | $0.00 | A | 1,085 | D | |
| Class A Common StockF2 | Sep 15, 2017 | F | 118 | $71.82 | D | 967 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Sep 15, 2017 | M | 397 | D | Sep 15, 2017 | Sep 15, 2017 | Class A Common Stock | 397 | 397 | D |
Explanation of responses
- F1Shares of the Company's Class A Common Stock received from the vesting of 1/3 of the restricted stock unit award granted on September 15, 2015.
- F2Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- F3Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- F4The restricted stock units were granted on September 15, 2015 and vest in three equal annual installments over three years, with 1/3rd of the stock units vesting on each annual vesting date so that the stock units will be fully vested on September 15, 2018.