Lennox James Patrick 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jan 3, 2020
Insider Transaction Report
Form 4
Lennox James Patrick
EVP - Chief People Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2020-01-01+7,370→ 10,443 total - Tax Payment
Class A Common Stock
2020-01-01$62.02/sh−2,543$157,717→ 7,900 total - Exercise/Conversion
Restricted Stock Units
2020-01-01−7,370→ 0 total→ Class A Common Stock (7,370 underlying)
Footnotes (4)
- [F1]Represents the number of shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of the performance-based restricted stock unit ("PSU") award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on March 2, 2017.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Represents the number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F4]The PSUs were granted on March 2, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the PSU award agreement, 1/3rd of the PSUs were vested and issuable on July 1, 2019 and the remaining 2/3rds of the PSUs were vested and issuable on January 1, 2020.