SEC Form 4 · accession 0001209191-18-038520
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leo S. Mackay Jr.
Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 4:06 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 StockF1 | Jun 15, 2018 | M | 587 | $0.00 | A | 11,054 | D | |
| Class A Common Stock | Jun 15, 2018 | S | 1,600 | $78.9785 | D | 9,454 | 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 UnitsF2,F3 | $0.00 | Jun 15, 2018 | M | 587 | D | Jun 15, 2018 | Jun 15, 2018 | Class A Common Stock | 587 | 587 | 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 June 15, 2016.
- F2Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3The restricted stock units were granted on June 15, 2016 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 June 15, 2019.