COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2021-03-01

Reporting Person: Frank Malcolm (President, Digital Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Class A Common Stock	M	1005	—	Acquired	41597	Direct
2021-03-01	Class A Common Stock	F	320	$74.83	Disposed	41277	Direct
2021-03-01	Class A Common Stock	M	1851	—	Acquired	43128	Direct
2021-03-01	Class A Common Stock	F	565	$74.83	Disposed	42563	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Restricted Stock Units	$	M	1005	Disposed		Class A Common Stock (1005.0)	Direct
2021-03-01	Restricted Stock Units	$	M	1851	Disposed		Class A Common Stock (1851.0)	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 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: 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.

F5: The RSUs were granted on February 26, 2018 and vested fully on March 1, 2021.

F6: 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.