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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2019

Feb 28, 2019

30125_dirs_2019-02-28_32e85c33-0700-4324-8794-e0309bcf9988.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: 2019-02-26

Reporting Person: GOMATAM SUMITHRA (President - Digital Operations)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-26 Restricted Stock Units $ A 7525 Acquired Class A Common Stock (7525) Direct

Footnotes

F1: Represents the total number of performance-based restricted stock units (the "PSUs") that are eligible to vest as a result of Cognizant Technology Solutions Corporation (the "Company") having attained certain performance milestones, as determined by the Company's Compensation Committee on February 26, 2019 based upon the Company's audited financial statements for the 2017 and 2018 fiscal years. The PSUs were granted on March 2, 2017 pursuant to the Company's 2009 Incentive Compensation Plan. In accordance with the award agreement, 1/3rd and 2/3rds of the PSUs that are eligible to vest will vest on July 1, 2019 and January 1, 2020, respectively, provided in each case that Ms. Gomatam remains in the Company's service through such date.

F2: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company.