COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2020

Dec 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2020-12-01

Reporting Person: SINHA DHARMENDRA KUMAR (President, North America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-01	Class A Common Stock	M	753	—	Acquired	18769	Direct
2020-12-01	Class A Common Stock	F	363	$78.66	Disposed	18406	Direct
2020-12-01	Class A Common Stock	M	336	—	Acquired	18742	Direct
2020-12-01	Class A Common Stock	F	164	$78.66	Disposed	18578	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-01	Restricted Stock Units	$	A	7032	Acquired		Class A Common Stock (7032.0)	Direct
2020-12-01	Restricted Stock Units	$	M	753	Disposed		Class A Common Stock (753.0)	Direct
2020-12-01	Restricted Stock Units	$	M	336	Disposed		Class A Common Stock (336.0)	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 ("RSU") award granted on February 26, 2018.

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

F5: The RSUs were granted on December 1, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in nine successive quarterly installments, commencing on March 1, 2021, with (i) 1/5th of the RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of the RSUs vesting on each of the next four successive vesting dates; and (iv) the remainder of the RSUs vesting on the ninth vesting date. The RSUs will be fully vested on March 1, 2023.

F6: The RSUs 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 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 March 1, 2021.

F7: 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 the twelfth quarterly vesting date. The RSUs will be fully vested on March 1, 2022.