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