COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010

Aug 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2010-08-09

Reporting Person: HOWE ROBERT W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-09	Class A Common Stock	M	20000	$34.51	Acquired	33592	Direct
2010-08-09	Class A Common Stock	M	20000	$37.48	Acquired	53592	Direct
2010-08-09	Class A Common Stock	S	34829	$60.98	Disposed	18763	Direct
2010-08-09	Class A Common Stock	S	2267	$60.99	Disposed	16496	Direct
2010-08-09	Class A Common Stock	S	2704	$61.00	Disposed	13792	Direct
2010-08-09	Class A Common Stock	S	200	$61.02	Disposed	13592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-09	Class A Common Stock Option (Right to Buy)	$34.51	M	20000	Disposed	2016-05-05	Class A Common Stock (20000)	Direct
2010-08-09	Class A Common Stock Option (Right to Buy)	$37.48	M	20000	Disposed	2017-06-07	Class A Common Stock (20000)	Direct

Footnotes

F1: Such options were granted on May 5, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options were fully vested on May 5, 2008. The date exercisable above reflects the first anniversary of such option grant.

F2: Excludes previously granted options for an aggregate of 30,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.

F3: Such options were granted on June 7, 2007 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan. Such options were fully vested on June 7, 2009. The date exercisable above reflects the first anniversary of such option grant.