COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2013

Dec 10, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2013-12-06

Reporting Person: NARAYANAN LAKSHMI (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-06	Class A Common Stock	M	90640	$33.70	Acquired	194250	Direct
2013-12-06	Class A Common Stock	S	52000	$95.63	Disposed	142250	Direct
2013-12-09	Class A Common Stock	M	750	$33.70	Acquired	143000	Direct
2013-12-09	Class A Common Stock	S	750	$94.926	Disposed	142250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-06	Class A Common Stock Option (Right to Buy)	$33.70	M	90640	Disposed	2016-08-07	Class A Common Stock (90640)	Direct
2013-12-09	Class A Common Stock Option (Right to Buy)	$33.70	M	750	Disposed	2016-08-07	Class A Common Stock (750)	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 $95.50 to $95.75. 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.921 to $94.928. 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.

F3: Such options were granted on August 7, 2006 pursuant to the Company's Amended and Restated 1999 Incentive Compensation Plan, as amended. Such options were 100% vested on August 7, 2010. The Date Exercisable above reflects the first anniversary date of such options.