COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010

Jan 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2010-01-06

Reporting Person: Schwartz Steven (Sr VP, General Counsel & Secr.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-06	Class A Common Stock	M	5000	$3.21	Acquired	5000	Direct
2010-01-06	Class A Common Stock	S	5000	$47.60	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-06	Class A Common Stock Option (Right to Buy)	$3.21	M	5000	Disposed	2012-04-12	Class A Common Stock (5000)	Direct

Footnotes

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

F2: Such options were granted on April 12, 2002 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options were 100% vested on Arpil 12, 2006. The Date Exercisable above reflects the first anniversary date of such option.

F3: Excludes previously granted options for an aggregate of 272,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.