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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2022

Dec 30, 2022

30125_dirs_2022-12-30_00e81cba-dcbe-4fad-8946-dde3f929c0bd.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2022-11-23

Reporting Person: Schmitt Becky (EVP and Chief People Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-11-23 Class A Common Stock M 228 Acquired 24659 Direct
2022-11-23 Class A Common Stock F 107 $60.03 Disposed 24552 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-11-23 Restricted Stock Units $ M 228 Disposed Class A Common Stock (228.0) Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/8th of the restricted stock unit ("RSU") award granted on February 23, 2021.

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

F3: As noted in the original Form 4 filed on November 28, 2022, the reporting person transferred shares to her ex-spouse pursuant to a domestic relations order. The number of shares so transferred to the reporting person's ex-spouse was actually 17,525 shares. This Form 4/A is being filed solely to correct the inadvertent error in reporting (1) the number of shares so transferred and (2) the amount of securities beneficially owned by the reporting person since the reporting person no longer reports as beneficially owned any Company securities owned by her ex-spouse. No other information on the original Form 4 has been updated.

F4: Shares of the Company's Class A Common Stock withheld to pay applicable taxes.

F5: A total of 2,744 RSUs were granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting vest in quarterly installments over three years, commencing on May 23, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rd of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 23, 2024).