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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2020

Apr 3, 2020

30125_dirs_2020-04-03_a1b6e1cb-40de-4b72-8b14-71d6a80c39a0.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: 2020-04-01

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-04-01 Class A Common Stock M 2207 Acquired 62740 Direct
2020-04-01 Class A Common Stock F 1089 $42.51 Disposed 61651 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-04-01 Restricted Stock Units $ M 2207 Disposed Class A Common Stock (2207) 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 December 2, 2019.

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

F3: Includes 403 shares acquired under the Cognizant Technology Solutions Corporation Employee Stock Purchase Plan, as amended, on March 31, 2020.

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 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 the twelfth quarterly vesting date. The RSUs will be fully vested on January 1, 2023.