COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2022

Jun 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2022-06-15

Reporting Person: Nambiar Rajesh (President, Digital Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-15	Class A Common Stock	M	609	—	Acquired	12275	Direct
2022-06-15	Class A Common Stock	F	256	$68.515	Disposed	12019	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-15	Restricted Stock Units	$	M	609	Disposed		Class A Common Stock (609.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/7th of the restricted stock unit ("RSU") award granted on June 18, 2021.

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 6,403 RSUs were granted on June 18, 2021 under the Company's 2017 Incentive Award Plan and began vesting in 11 successive quarterly installments, commencing on September 15, 2021 (the "First Vesting Date"), with (i) 1/7th of the RSUs vesting on the First RSU Vesting Date, (ii) 1/7th of the RSUs vesting on each of the first and second three-month anniversaries of the First RSU Vesting Date, (iii) 2/3rds of 1/7th of the RSUs vesting on each of the third, fourth, fifth and sixth three-month anniversaries of the First RSU Vesting Date, (iv) 1/3rd of 1/7th of the RSUs vesting on each of the seventh, eight and ninth three-month anniversaries of the First RSU Vesting Date, and (v) the remainder of the RSUs vesting on the tenth three-month anniversary of the First RSU Vesting Date (March 15, 2024.)