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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2019

Apr 3, 2019

30125_dirs_2019-04-03_04f4d1c2-b169-4306-8c26-0a3256ce71cd.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: 2019-04-01

Reporting Person: Veeraraghavachary Srinivasan (EVP - Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-04-01 Class A Common Stock M 523 Acquired 41114 Direct
2019-04-01 Class A Common Stock F 122 $73.85 Disposed 40992 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-04-01 Restricted Stock Units $ M 523 Disposed Class A Common Stock (523) 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 time-based restricted stock unit ("RSU") award granted on September 25, 2017.

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

F3: Includes 396 shares acquired under the Company's 2004 Employee Stock Purchase Plan, as amended, on March 29, 2019.

F4: Represents the portion of shares of Class A Common Stock that the Company determined to settle in cash to pay applicable tax withholding.

F5: The RSUs were granted on September 25, 2017 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on January 1, 2018, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on October 1, 2020.