| | | | | | | | | | | | | | | | | | | | | |
Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 5/19/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1058290 |
| Issuer Name: COGNIZANT TECHNOLOGY SOLUTIONS CORP |
| Issuer Trading Symbol: CTSH |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1696780 |
| | Owner Name: Telesmanic Robert |
| Reporting Owner Address: |
| | Owner Street 1: C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP. |
| | Owner Street 2: 500 FRANK W. BURR BLVD. |
| | Owner City: TEANECK |
| | Owner State: NJ |
| | Owner ZIP Code: 07666 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: SVP, Cont. & Chief Acct. Offc. |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 5/19/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,362 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Common Stock |
| | | Underlying Security Shares: |
| Value: 1,362 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,362 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation. |
| Footnote - F2: The RSUs were granted on May 19, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in 11 successive quarterly installments, commencing on August 19, 2020, with (i) 1/7th of the RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the eleventh vesting date. The RSUs will be fully vested on February 19, 2023. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Harry Demas, on behalf of Robert Telesmanic, by Power of Attorney |
| Signature Date: 5/21/20 |