0001209191-20-014994.txt : 20200303 0001209191-20-014994.hdr.sgml : 20200303 20200303143553 ACCESSION NUMBER: 0001209191-20-014994 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200228 FILED AS OF DATE: 20200303 DATE AS OF CHANGE: 20200303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Frank Malcolm CENTRAL INDEX KEY: 0001541806 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24429 FILM NUMBER: 20681453 MAIL ADDRESS: STREET 1: COGNIZANT TECHNOLOGY SOLUTIONS STREET 2: 500 FRANK W. BURR BLVD. 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 2020-02-28 0 0001058290 COGNIZANT TECHNOLOGY SOLUTIONS CORP CTSH 0001541806 Frank Malcolm COGNIZANT TECHNOLOGY SOLUTIONS CORP. 500 FRANK W. BURR BLVD. TEANECK NJ 07666 0 1 0 0 President, Digital Business Class A Common Stock 2020-02-28 4 S 0 1511 60.4184 D 33252 D Class A Common Stock 2020-02-28 4 S 0 328 61.2572 D 32924 D Class A Common Stock 2020-03-01 4 M 0 1004 A 33928 D Class A Common Stock 2020-03-01 4 F 0 479 60.93 D 33449 D Class A Common Stock 2020-03-01 4 M 0 1851 A 35300 D Class A Common Stock 2020-03-01 4 F 0 894 60.93 D 34406 D Restricted Stock Units 2020-03-01 4 M 0 1004 0.00 D Class A Common Stock 1004 4018 D Restricted Stock Units 2020-03-01 4 M 0 1851 0.00 D Class A Common Stock 1851 14806 D Such shares were sold pursuant to a 10b5-1 Sales Plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.91 to $60.885, inclusive. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.245 to $61.27, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. Shares of Class A Common Stock the Company received from the vesting of 1/12th of the restricted stock unit award granted on February 26, 2018. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. 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 February 26, 2019. The restricted stock units were granted on February 26, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and 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 so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on March 1, 2021. The restricted stock units were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2019, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on March 1, 2022. /s/ Heather Lawson, on behalf of Malcolm Frank, by Power of Attorney 2020-03-03