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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2021

Jul 6, 2021

30125_dirs_2021-07-06_b4bdf08d-4dea-428a-9595-b66076c86ad7.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: 2021-07-01

Reporting Person: Hyttenrauch Gregory Lawrence (President, North America)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-01 Class A Common Stock M 2557 Acquired 17529 Direct
2021-07-01 Class A Common Stock F 1176 $69.84 Disposed 16353 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-07-01 Restricted Stock Units $ M 2557 Disposed Class A Common Stock (2557.0) 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 December 2, 2019.

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

F3: Shares of the Company's Class A Common Stock withheld to pay applicable taxes.

F4: The RSUs were granted on December 2, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will 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 stock units will be fully vested on January 1, 2023.