McLoughlin Karen 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 9, 2020
Insider Transaction Report
Form 4
McLoughlin Karen
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2020-06-05$57.82/sh−2,179$125,990→ 73,645 total - Exercise/Conversion
Restricted Stock Units
2020-06-05−4,275→ 47,034 total→ Class A Common Stock (4,275 underlying) - Exercise/Conversion
Class A Common Stock
2020-06-05+4,275→ 75,824 total
Footnotes (4)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on March 5, 2020.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
- [F4]The RSUs were granted on March 5, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 5, 2020, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on March 5, 2023.