COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2019-12-01

Reporting Person: Middleton Sean (Pres - Cognizant Accelerator)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-01	Class A Common Stock	M	345	—	Acquired	11415	Direct
2019-12-01	Class A Common Stock	F	128	$64.11	Disposed	11287	Direct
2019-12-01	Class A Common Stock	M	301	—	Acquired	11588	Direct
2019-12-01	Class A Common Stock	F	114	$64.11	Disposed	11474	Direct
2019-12-01	Class A Common Stock	M	229	—	Acquired	11703	Direct
2019-12-01	Class A Common Stock	F	89	$64.11	Disposed	11614	Direct
2019-12-01	Class A Common Stock	M	119	—	Acquired	11733	Direct
2019-12-01	Class A Common Stock	F	46	$64.11	Disposed	11687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-01	Restricted Stock Units	$	M	345	Disposed		Class A Common Stock (345)	Direct
2019-12-01	Restricted Stock Units	$	M	301	Disposed		Class A Common Stock (301)	Direct
2019-12-01	Restricted Stock Units	$	M	229	Disposed		Class A Common Stock (229)	Direct
2019-12-01	Restricted Stock Units	$	M	119	Disposed		Class A Common Stock (119)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit award granted on May 15, 2017.

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

F3: Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.

F4: Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on February 26, 2018.

F5: Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on February 26, 2019.

F6: Shares of the Company's Class A Common Stock received from the vesting of 1/12th of the restricted stock unit award granted on May 13, 2019.

F7: The restricted stock units were granted on May 15, 2017 under the Cognizant Technology Solutions 2009 Incentive Compensation Plan and vest in quarterly installments over three years, commencing on September 1, 2017, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on June 1, 2020.

F8: The restricted stock units were granted on February 26, 2018 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2018, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on March 1, 2021.

F9: The restricted stock units were granted on February 26, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on June 1, 2019, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on March 1, 2022.

F10: The restricted stock units were granted on May 13, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on September 1, 2019, with 1/12th of the stock units vesting on each quarterly vesting date so that the stock units will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on June 1, 2022.