COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2015

May 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2015-05-06

Reporting Person: Mackay Leo S. Jr. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-06	Class A Common Stock	M	20000	$35.50	Acquired	21028	Direct
2015-05-06	Class A Common Stock	M	5780	$32.41	Acquired	26808	Direct
2015-05-06	Class A Common Stock	S	25780	$60.3546	Disposed	1028	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-06	Class A Common Stock Option (Right to Buy)	$35.50	M	20000	Disposed	2019-09-16	Class A Common Stock (20000)	Direct
2015-05-06	Class A Common Stock Option (Right to Buy)	$32.41	M	5780	Disposed	2020-06-04	Class A Common Stock (5780)	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 $60.35 to $60.355. 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 September 16, 2012 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such options were 100% vested on September 4, 2014. The Date Exercisable above reflects the first anniversary date of such options.

F3: Such options were granted on June 4, 2013 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. Such exercised options were vested on June 4, 2014. The Date Exercisable above reflects the first anniversary date of such options.