0001058290-24-000072.txt : 20240301
0001058290-24-000072.hdr.sgml : 20240301
20240301182542
ACCESSION NUMBER: 0001058290-24-000072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240228
FILED AS OF DATE: 20240301
DATE AS OF CHANGE: 20240301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ayyar Balu Ganesh
CENTRAL INDEX KEY: 0001796414
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24429
FILM NUMBER: 24712169
MAIL ADDRESS:
STREET 1: C/O COGNIZANT TECHNOLOGY SOLUTIONS
STREET 2: 300 FRANK W. BURR, SUITE 36, 6TH FLOOR
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]
ORGANIZATION NAME: 06 Technology
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
wk-form4_1709335533.xml
FORM 4
X0508
4
2024-02-28
0
0001058290
COGNIZANT TECHNOLOGY SOLUTIONS CORP
CTSH
0001796414
Ayyar Balu Ganesh
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE. 36, 6 FL.
TEANECK
NJ
07666
0
1
0
0
EVP and President IOA
0
Restricted Stock Units
2024-02-28
4
A
0
10830
0
A
Class A Common Stock
10830
10830
D
Performance Stock Units
2024-02-28
4
A
0
8780
0
A
Class A Common Stock
8780
8780
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
A total of 10,830 RSUs were granted on February 28, 2024, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2024, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).
Each performance-based stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock of the Company.
Represents a portion of the 9,604 PSUs (a) that were originally granted on February 23, 2021, pursuant to the Company's 2017 Incentive Award Plan and (b) for which the Company's Compensation and Human Capital Committee (the "Committee") determined, on February 28, 2024, that approximately 91.4% of 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 portion of the award shown in Table II above will vest and settle in Class A Common Stock of the Company on March 15, 2024, provided that the Reporting Person remains in the Company's service through such date.
/s/ Carrie P. Ryan, on behalf of Balu Ganesh Ayyar, by Power of Attorney
2024-03-01