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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2010

Jun 3, 2010

30125_dirs_2010-06-03_ef362b38-0fcb-4ec6-bfe1-b5dac6975c08.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: NARAYANAN LAKSHMI (Director, Vice Chairman)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-06-01 Class A Common Stock Option (Right to Buy) $49.14 A 10000 Acquired 2017-06-01 Class A Common Stock (10000) Direct

Footnotes

F1: Such options were granted on June 1, 2010 pursuant to the Company's 2009 Incentive Compensation Plan. Such options vest as follows: 50% on June 1, 2011; and 50% on June 1, 2012. The options will be fully vested on June 1, 2012.

F2: Excludes previously granted options for an aggregate of 1,650,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.