COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019

Jul 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2019-07-01

Reporting Person: Friedrich Matthew W. (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-01	Class A Common Stock	M	9370	—	Acquired	9370	Direct
2019-07-01	Class A Common Stock	F	4405	$64.28	Disposed	4965	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Restricted Stock Units	$	M	9370	Disposed		Class A Common Stock (9370)	Direct

Footnotes

F1: Represents the number of shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of the performance-based restricted stock unit ("PSU") award granted to the reporting person under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan 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 number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.

F4: The PSUs were granted on May 15, 2017 under the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan. In accordance with the PSU award agreement, 1/3rd of the PSUs were vested and issuable on July 1, 2019, provided that the reporting person remained in the Company's service through such date. The remaining 2/3rds of the PSUs shall vest and be issuable on January 1, 2020, provided that the reporting person remains in the Company's service through such date.