COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010

Aug 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2010-08-10

Reporting Person: Mehta Rajeev (COO, Global Client Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-10	Class A Common Stock	M	100000	$11.44	Acquired	106147	Direct
2010-08-10	Class A Common Stock	M	22500	$21.75	Acquired	128647	Direct
2010-08-10	Class A Common Stock	S	128113	$61.00	Disposed	534	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-10	Class A Common Stock Option (Right to Buy)	$11.44	M	100000	Disposed	2014-03-04	Class A Common Stock (100000)	Direct
2010-08-10	Class A Common Stock Option (Right to Buy)	$21.75	M	22500	Disposed	2015-05-17	Class A Common Stock (22500)	Direct

Footnotes

F1: Such shares were sold pursuant to a Rule 10b5-1 Sales Plan.

F2: Such options were granted on March 4, 2004 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options were fully vested on March 4, 2008. The Date Exercisable above reflects the first anniversary date of such option.

F3: Excludes previously granted options for an aggregate of 230,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.

F4: Such options were granted on May 17, 2005 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options were fully vested on May 17, 2009. The Date Exercisable above reflects the first anniversary date of such option.