COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2021

Jan 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2021-01-09

Reporting Person: Stafford Andrew J (EVP, Head of Global Delivery)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-09	Class A Common Stock	M	4522	—	Acquired	6925	Direct
2021-01-09	Class A Common Stock	F	2113	$81.95	Disposed	4812	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-09	Restricted Stock Units	$	M	4522	Disposed		Class A Common Stock (4522.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/6th of the restricted stock unit ("RSU") award granted on July 9, 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 July 9, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on October 9, 2020, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date. The RSUs will be fully vested on July 9, 2023.