COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022

Aug 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2022-08-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-19	Class A Common Stock	M	242	—	Acquired	1919	Direct
2022-08-19	Class A Common Stock	F	79	$68.60	Disposed	1840	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-19	Restricted Stock Units	$	M	242	Disposed		Class A Common Stock (242.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/7th of the restricted stock unit ("RSU") award granted on May 19, 2020.

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: A total of 5,099 RSUs were originally granted on May 19, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly quarterly installments, commencing on August 19, 2020, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the eleventh vesting date (February 19, 2023).