0001058290-22-000064.txt : 20220303
0001058290-22-000064.hdr.sgml : 20220303
20220303185626
ACCESSION NUMBER: 0001058290-22-000064
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220303
DATE AS OF CHANGE: 20220303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Telesmanic Robert
CENTRAL INDEX KEY: 0001696780
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24429
FILM NUMBER: 22711197
MAIL ADDRESS:
STREET 1: COGNIZANT TECHNOLOGY SOLUTIONS CORP.
STREET 2: 300 FRANK W. BURR BLVD., STE. 36, 6 FL.
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: 300 FRANK W. BURR BLVD., STE. 36, 6 FL.
CITY: TEANECK
STATE: NJ
ZIP: 07666
BUSINESS PHONE: 2018010233
MAIL ADDRESS:
STREET 1: 300 FRANK W. BURR BLVD., STE. 36, 6 FL.
CITY: TEANECK
STATE: NJ
ZIP: 07666
4
1
wf-form4_164635176993548.xml
FORM 4
X0306
4
2022-03-01
0
0001058290
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CTSH
0001696780
Telesmanic Robert
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE. 36, 6 FL.
TEANECK
NJ
07666
0
1
0
0
SVP, Controller & CAO
Class A Common Stock
2022-03-01
4
M
0
804
A
13986
D
Class A Common Stock
2022-03-01
4
F
0
372
85.80
D
13614
D
Class A Common Stock
800
I
By Parent's Estate
Restricted Stock Units
2022-03-01
4
M
0
804
0
D
Class A Common Stock
804.0
1605
D
Performance Stock Units
2022-03-01
4
A
0
3136
0
A
Class A Common Stock
3136.0
3136
D
Restricted Stock Units
2022-03-01
4
A
0
5347
0
A
Class A Common Stock
5347.0
5347
D
Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/5th of the restricted stock unit ("RSU") award granted on December 1, 2020.
Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.
The RSUs were granted on December 1, 2020 under the Company's 2017 Incentive Award Plan and will vest in nine successive quarterly installments, commencing on March 1, 2021, with (i) 1/5th of the RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the ninth vesting date. The RSUs will be fully vested on March 1, 2023.
Each performance-based stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A Common Stock.
Represents PSUs (a) that were originally granted on March 5, 2020 pursuant to the Company's 2017 Incentive Award Plan and (b) for which the Company's Compensation Committee (the "Committee") determined, on March 1, 2022, that the related performance criteria had been satisfied. In accordance with the award agreement, in light of the Committee's determination regarding the satisfaction of performance criteria, the award will vest and settle in Class A Common Stock of the Company on March 15, 2022, provided that the Reporting Person remains in the Company's service through such date.
The RSUs were granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 1, 2022, 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 1, 2025.
/s/ Udele Lin, on behalf of Robert Telesmanic, by Power of Attorney
2022-03-03