0001209191-18-060977.txt : 20181204
0001209191-18-060977.hdr.sgml : 20181204
20181204173205
ACCESSION NUMBER: 0001209191-18-060977
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181130
FILED AS OF DATE: 20181204
DATE AS OF CHANGE: 20181204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mehta Rajeev
CENTRAL INDEX KEY: 0001371378
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24429
FILM NUMBER: 181217940
MAIL ADDRESS:
STREET 1: COGNIZANT TECHNOLOGY SOLUTIONS CORP.
STREET 2: 500 GLENPOINTE CENTRE WEST
CITY: TEANECK
STATE: NJ
ZIP: 07666
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: COGNIZANT TECHNOLOGY SOLUTIONS CORP
CENTRAL INDEX KEY: 0001058290
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 133728359
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 FRANK W. BURR BLVD.
CITY: TEANECK
STATE: NJ
ZIP: 07666
BUSINESS PHONE: 2018010233
MAIL ADDRESS:
STREET 1: 500 FRANK W. BURR BLVD.
CITY: TEANECK
STATE: NJ
ZIP: 07666
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-11-30
0
0001058290
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CTSH
0001371378
Mehta Rajeev
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
500 FRANK W. BURR BLVD.
TEANECK
NJ
07666
0
1
0
0
President
Class A Common Stock
2018-11-30
4
M
0
13723
0.00
A
24966
D
Class A Common Stock
2018-11-30
4
F
0
5254
71.23
D
19712
D
Class A Common Stock
2018-12-01
4
M
0
2418
0.00
A
22130
D
Class A Common Stock
2018-12-01
4
F
0
926
71.23
D
21204
D
Class A Common Stock
2018-12-01
4
M
0
2310
0.00
A
23514
D
Class A Common Stock
2018-12-01
4
F
0
898
71.23
D
22616
D
Class A Common Stock
2018-12-02
4
M
0
3525
0.00
A
26141
D
Class A Common Stock
2018-12-02
4
F
0
1350
71.23
D
24791
D
Class A Common Stock
28663
I
By Rajeev Mehta 2012 Irrevocable Trust
Class A Common Stock
1860
I
By Ruchita Mehta 2012 Irrevocable Trust
Restricted Stock Units
0.00
2018-11-30
4
M
0
13723
0.00
D
2018-11-30
2018-11-30
Class A Common Stock
13723
0
D
Restricted Stock Units
0.00
2018-12-01
4
M
0
2418
0.00
D
2018-12-01
2018-12-01
Class A Common Stock
2418
0
D
Restricted Stock Units
0.00
2018-12-01
4
M
0
2310
0.00
D
2018-12-01
2018-12-01
Class A Common Stock
2310
20790
D
Restricted Stock Units
0.00
2018-12-02
4
M
0
3525
0.00
D
2018-12-02
2018-12-02
Class A Common Stock
3525
17627
D
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 award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on November 30, 2015.
Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.
Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on November 30, 2015.
Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on February 26, 2018.
Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on March 2, 2017.
Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock.
The performance-based restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award agreement, 1/3rd of the performance-based restricted stock units were vested and issuable on May 31, 2017, provided the reporting person remained in the Company's service through such date. The remaining 2/3rds of the performance-based restricted stock units were vested and issuable on November 30, 2018, provided that the reporting person remained in the Company's service through such date.
The restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested in quarterly installments over three years, commencing on March 1, 2016, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units would be fully vested on the twelfth quarterly vesting date. The stock units were fully vested on December 1, 2018.
The restricted stock units were granted on February 26, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and were originally scheduled to vest in quarterly installments over three years, commencing on June 1, 2018, with 1/12th of the stock units vesting on each quarterly vesting date. However, pursuant to a letter agreement entered into between the Company and Mr. Mehta on June 12, 2018, the vesting of the restricted stock units will be fully accelerated as of May 1, 2019, subject to Mr. Mehta's continued employment with the Company through this date.
The restricted stock units were granted on March 2, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and were originally scheduled to vest in quarterly installments over three years, commencing on June 2, 2017, with 1/12th of the stock units vesting on each quarterly vesting date. However, pursuant to a letter agreement entered into between the Company and Mr. Mehta on June 12, 2018, the vesting of the restricted stock units will be fully accelerated as of May 1, 2019, subject to Mr. Mehta's continued employment with the Company through this date.
/s/ Harry Demas, on behalf of Rajeev Mehta, by Power of Attorney
2018-12-04