COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022

Sep 6, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2022-09-01

Reporting Person: Gummadi Surya (SVP, Americas (Interim))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-01	Class A Common Stock	M	132	—	Acquired	2277	Direct
2022-09-01	Class A Common Stock	M	367	—	Acquired	2644	Direct
2022-09-01	Class A Common Stock	M	572	—	Acquired	3216	Direct
2022-09-01	Class A Common Stock	F	440	$63.44	Disposed	2776	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-01	Restricted Stock Units	$	M	132	Disposed		Class A Common Stock (132.0)	Direct
2022-09-01	Restricted Stock Units	$	M	367	Disposed		Class A Common Stock (367.0)	Direct
2022-09-01	Restricted Stock Units	$	M	572	Disposed		Class A Common Stock (572.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/5th of the restricted stock unit ("RSU") award granted on December 1, 2020.

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

F3: Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on March 1, 2022.

F4: Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on March 1, 2022.

F5: Shares of the Company's Class A Common Stock withheld to pay applicable taxes.

F6: A total of 1,986 RSUs were originally granted on December 1, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on March 1, 2021, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (March 1, 2023).

F7: A total of 4,404 RSUs were originally granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2022, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2025).

F8: A total of 4,568 RSUs were originally granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2022, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the four successive 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 the RSUs vesting on the twelfth vesting date (March 1, 2025).