COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2020

Nov 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2020-11-19

Reporting Person: Friedrich Matthew W. (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-19	Class A Common Stock	M	4856	—	Acquired	7374	Direct
2020-11-19	Class A Common Stock	F	2331	$76.20	Disposed	5043	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-19	Restricted Stock Units	$	M	4856	Disposed		Class A Common Stock (4856.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/7th of the restricted stock unit ("RSU") award granted on May 19, 2020.

F2: Each RSU 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 RSUs were granted on May 19, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in 11 successive quarterly installments, commencing on August 19, 2020, with (i) 1/7th of the RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the eleventh vesting date. The RSUs will be fully vested on February 19, 2023.