Accession Number: | 0001209191-19-041126 |
Date: | 2019-07-01 |
Issuer: | COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) |
Original Submission Date: |
MCLOUGHLIN KAREN
COGNIZANT TECHNOLOGY SOLUTIONS CORP.
500 FRANK W. BURR BLVD.
TEANECK, NJ 07666
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2019-07-01 | M | 15,778 | a | $0.00 | 81,684 | direct | ||
CLASS A COMMON STOCK | 2019-07-01 | F | 7,873 | d | $64.28 | 73,811 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2019-07-01 | deemed execution date | M | 15,778 (d) | class a common stock 15,778 | $0.00 | 31,558 | direct |
ID | footnote |
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f1 | represents the number of shares of class a common stock of cognizant technology solutions corporation (the "company") received from the vesting of 1/3rd 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, provided that the reporting person remained in the company's service through such date. the remaining 2/3rds of the psus shall vest and be issuable on january 1, 2020, provided that the reporting person remains in the company's service through such date. |