0001209191-18-014497.txt : 20180228 0001209191-18-014497.hdr.sgml : 20180228 20180228162228 ACCESSION NUMBER: 0001209191-18-014497 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180226 FILED AS OF DATE: 20180228 DATE AS OF CHANGE: 20180228 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: 18651521 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 2018-02-26 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 Exec. VP, Strategy & Marketing Restricted Stock Units 2018-02-26 4 A 0 12052 0.00 A Class A Common Stock 12052 12052 D Restricted Stock Units 2018-02-26 4 A 0 27314 0.00 A Class A Common Stock 27314 27314 D Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. The restricted stock units were granted on February 26, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Compensation 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. Represents the total number of performance-based restricted stock units ("PSUs") that are eligible to vest as a result of the Company having attained certain performance milestones, as determined by the Company's Compensation Committee on February 26, 2018 based upon the Company's audited financial statements for the 2016 and 2017 fiscal years. The PSUs were granted on February 16, 2016 pursuant to the Company's 2009 Incentive Compensation Plan. In accordance with the award agreement, 1/3rd and 2/3rds of the PSUs that are eligible to vest will vest on July 1, 2018 and January 1, 2019, respectively, provided in each case that the reporting person remains in the Company's service through such date. Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock. /s/ Harry Demas, on behalf of Malcolm Frank, by Power of Attorney 2018-02-28