SEC Form 4 · accession 0001209191-18-019626

COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Cont. & Chief Acct. Offc.

Period of report

Mar 12, 2018

Accepted (ET)

Mar 14, 2018 · 5:08 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^F1	Mar 12, 2018	M	1,327	$0.00	A	23,769	D
Class A Common Stock^F2	Mar 12, 2018	F	626	$84.07	D	23,143	D
Class A Common Stock^F3	holding	—	—		—	800	I	By Parent's Estate

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	$0.00	Mar 12, 2018	M	1,327	D	Mar 12, 2018	Mar 12, 2018	Class A Common Stock	1,327	14,600	D

F1Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on December 12, 2017.
F2Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
F3The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.
F4Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F5The restricted stock units were granted on December 12, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on March 12, 2018, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on December 12, 2020.