0001209191-19-014767.txt : 20190228 0001209191-19-014767.hdr.sgml : 20190228 20190228185657 ACCESSION NUMBER: 0001209191-19-014767 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190226 FILED AS OF DATE: 20190228 DATE AS OF CHANGE: 20190228 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: 19645918 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 2019-02-26 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 Restricted Stock Units 2019-02-26 4 A 0 110789 0.00 A Class A Common Stock 110789 110789 D Represents the total number of performance-based restricted stock units (the "PSUs") that are eligible to vest as a result of Cognizant Technology Solutions Corporation (the "Company") having attained certain performance milestones, as determined by the Company's Compensation Committee on February 26, 2019 based upon the Company's audited financial statements for the 2017 and 2018 fiscal years. The PSUs were granted on March 2, 2017 pursuant to the Company's 2009 Incentive Compensation Plan. In accordance with the award agreement, the PSUs were originally scheduled to vest 1/3rd on July 1, 2019 and 2/3rds on January 1, 2020. However, pursuant to letter agreements entered into between the Company and Mr. Mehta on June 12, 2018 and February 4, 2019, subject to Mr. Mehta's continued employment with the Company through May 1, 2019, the vesting of the PSUs will be fully accelerated and settle and become issuable on the date thereafter upon which his required release becomes effective. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. /s/ Harry Demas, on behalf of Rajeev Mehta, by Power of Attorney 2019-02-28