SEC Form 4 · accession 0001209191-18-038533
COGNIZANT TECHNOLOGY SOLUTIONS CORP · CTSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Telesmanic
Officer — SVP, Cont. & Chief Acct. Offc.
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 4:11 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 | Jun 15, 2018 | M | 10,000 | $15.53 | A | 36,733 | D | |
| Class A Common StockF1 | Jun 15, 2018 | S | 10,000 | $79.5252 | D | 26,733 | D | |
| Class A Common StockF2 | holding | — | — | — | 800 | I | By Parent's Estate |
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 | Jun 15, 2018 | M | 10,000 | D | Aug 14, 2009 | Aug 14, 2018 | Class A Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.5070 to $79.5570, 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.
- F2The 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.
- 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.