COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2010

Mar 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2010-03-02

Reporting Person: KLEIN JOHN E (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-02	Class A Common Stock	M	40000	$11.70	Acquired	468700	Direct
2010-03-02	Class A Common Stock	S	40000	$51.04	Disposed	428700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-02	Class A Common Stock Option (Right to Buy)	$11.70	M	40000	Disposed	2014-04-08	Class A Common Stock (40000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.93 to $51.27. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation, any security holder of Cognizant Technology Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2: Such options were granted on April 8, 2004 pursuant to the Amended and Restated Cognizant Technology Solutions Non-Employee Directors' Stock Option Plan. Such options vested as follows: 50% on April 8, 2005; and 50% on April 8, 2006. The date exercisable above reflects the first anniversary of such option grant.

F3: Excludes previously granted options for an aggregate of 80,000 shares of Class A Common Stock, which have different exercise prices and vesting dates.