COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2020-06-01

Reporting Person: McLoughlin Karen (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Class A Common Stock	M	1607	—	Acquired	71192	Direct
2020-06-01	Class A Common Stock	F	795	$52.85	Disposed	70397	Direct
2020-06-01	Class A Common Stock	M	2313	—	Acquired	72710	Direct
2020-06-01	Class A Common Stock	F	1161	$52.85	Disposed	71549	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Restricted Stock Units	$	M	1607	Disposed		Class A Common Stock (1607)	Direct
2020-06-01	Restricted Stock Units	$	M	2313	Disposed		Class A Common Stock (2313)	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 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: Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 26, 2019.

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.