COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2019

Dec 13, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2019-12-03

Reporting Person: Shilige Pradeep Shivaram (EVP & Head of Global Delivery)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	19236	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (4352)		Direct
Restricted Stock Units	$		Class A Common Stock (3768)		Direct
Restricted Stock Units	$		Class A Common Stock (3234)		Direct
Restricted Stock Units	$		Class A Common Stock (52)		Direct

Footnotes

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

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

F3: The RSUs were granted on December 12, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on March 12, 2018, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on December 12, 2020.

F4: The RSUs 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 RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on March 1, 2022.

F5: The RSUs were granted on December 2, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on April 1, 2020, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on January 1, 2023.