SEC Form 4 · accession 0001209191-18-051475
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, 2018
Accepted (ET)
Sep 18, 2018 · 4:32 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 | Sep 15, 2018 | M | 397 | $0.00 | A | 3,994 | D | |
| Class A Common StockF2 | Sep 15, 2018 | F | 116 | $76.28 | D | 3,878 | 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, 2018 | M | 397 | D | Sep 15, 2018 | Sep 15, 2018 | Class A Common Stock | 397 | 0 | 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 would be fully vested on the third annual vesting date. The stock units were fully vested on September 15, 2018.