0001209191-18-060977.txt : 20181204 0001209191-18-060977.hdr.sgml : 20181204 20181204173205 ACCESSION NUMBER: 0001209191-18-060977 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181130 FILED AS OF DATE: 20181204 DATE AS OF CHANGE: 20181204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mehta Rajeev CENTRAL INDEX KEY: 0001371378 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24429 FILM NUMBER: 181217940 MAIL ADDRESS: STREET 1: COGNIZANT TECHNOLOGY SOLUTIONS CORP. STREET 2: 500 GLENPOINTE CENTRE WEST 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 2018-11-30 0 0001058290 COGNIZANT TECHNOLOGY SOLUTIONS CORP CTSH 0001371378 Mehta Rajeev C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP. 500 FRANK W. BURR BLVD. TEANECK NJ 07666 0 1 0 0 President Class A Common Stock 2018-11-30 4 M 0 13723 0.00 A 24966 D Class A Common Stock 2018-11-30 4 F 0 5254 71.23 D 19712 D Class A Common Stock 2018-12-01 4 M 0 2418 0.00 A 22130 D Class A Common Stock 2018-12-01 4 F 0 926 71.23 D 21204 D Class A Common Stock 2018-12-01 4 M 0 2310 0.00 A 23514 D Class A Common Stock 2018-12-01 4 F 0 898 71.23 D 22616 D Class A Common Stock 2018-12-02 4 M 0 3525 0.00 A 26141 D Class A Common Stock 2018-12-02 4 F 0 1350 71.23 D 24791 D Class A Common Stock 28663 I By Rajeev Mehta 2012 Irrevocable Trust Class A Common Stock 1860 I By Ruchita Mehta 2012 Irrevocable Trust Restricted Stock Units 0.00 2018-11-30 4 M 0 13723 0.00 D 2018-11-30 2018-11-30 Class A Common Stock 13723 0 D Restricted Stock Units 0.00 2018-12-01 4 M 0 2418 0.00 D 2018-12-01 2018-12-01 Class A Common Stock 2418 0 D Restricted Stock Units 0.00 2018-12-01 4 M 0 2310 0.00 D 2018-12-01 2018-12-01 Class A Common Stock 2310 20790 D Restricted Stock Units 0.00 2018-12-02 4 M 0 3525 0.00 D 2018-12-02 2018-12-02 Class A Common Stock 3525 17627 D Represents the number of shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of the performance-based restricted stock unit award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan on November 30, 2015. 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 November 30, 2015. Shares of the Company's Class A Common Stock received from the vesting of 1/12 of the restricted stock unit award granted on February 26, 2018. Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on March 2, 2017. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. The performance-based restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the performance-based restricted stock unit award agreement, 1/3rd of the performance-based restricted stock units were vested and issuable on May 31, 2017, provided the reporting person remained in the Company's service through such date. The remaining 2/3rds of the performance-based restricted stock units were vested and issuable on November 30, 2018, provided that the reporting person remained in the Company's service through such date. The restricted stock units were granted on November 30, 2015 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested in quarterly installments over three years, commencing on March 1, 2016, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units would be fully vested on the twelfth quarterly vesting date. The stock units were fully vested on December 1, 2018. The restricted stock units were granted on February 26, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and were originally scheduled to 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. However, pursuant to a letter agreement entered into between the Company and Mr. Mehta on June 12, 2018, the vesting of the restricted stock units will be fully accelerated as of May 1, 2019, subject to Mr. Mehta's continued employment with the Company through this date. The restricted stock units were granted on March 2, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and were originally scheduled to vest in quarterly installments over three years, commencing on June 2, 2017, with 1/12th of the stock units vesting on each quarterly vesting date. However, pursuant to a letter agreement entered into between the Company and Mr. Mehta on June 12, 2018, the vesting of the restricted stock units will be fully accelerated as of May 1, 2019, subject to Mr. Mehta's continued employment with the Company through this date. /s/ Harry Demas, on behalf of Rajeev Mehta, by Power of Attorney 2018-12-04