SEC Form 4 · accession 0001209191-18-010801
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gajakarnan Vibushanan Kandiah
Officer — President - Digital Business
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 3:57 pm EST
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 | Feb 14, 2018 | M | 10,000 | $15.53 | A | 17,876 | D | |
| Class A Common StockF2 | Feb 14, 2018 | S | 10,000 | $79.8094 | D | 7,876 | 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)F3 | $15.53 | Feb 14, 2018 | M | 10,000 | D | Aug 14, 2009 | Aug 14, 2018 | Class A Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Includes 152 shares acquired under the Company's 2004 Employee Stock Purchase Plan, as amended, on December 29, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.80 to $79.82, inclusive. 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.
- F3Such options were granted on August 14, 2008 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan, as amended. Such options were 100% vested on August 14, 2012. The Date Exercisable above reflects the first anniversary date of such options.