COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010

Sep 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2010-09-02

Reporting Person: COBURN GORDON (Chief Oper. and Fin. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-02	Class A Common Stock	M	10000	$33.71	Acquired	23109	Direct
2010-09-02	Class A Common Stock	S	10000	$60.50	Disposed	13109	Direct
2010-09-03	Class A Common Stock	G	1600	$0.00	Disposed	11509	Direct
2010-09-03	Class A Common Stock	M	30000	$33.71	Acquired	41509	Direct
2010-09-03	Class A Common Stock	S	30000	$62.03	Disposed	11509	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-02	Class A Common Stock Option (Right to Buy)	$33.71	M	10000	Disposed	2016-08-07	Class A Common Stock (10000)	Direct
2010-09-03	Class A Common Stock Option (Right to Buy)	$33.71	M	30000	Disposed	2016-08-07	Class A Common Stock (30000)	Direct

Footnotes

F1: Such options were granted on August 7, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options were fully vested on August 7, 2010. The Date Exercisable above reflects the first anniversary date of such option.

F2: Excludes previously granted options for an aggregate of 97,500 shares of Class A Common Stock, which have different exercise and vesting dates.