COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023

Dec 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2023-12-04

Reporting Person: Dalal Jatin P (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-04	Restricted Stock Units	$	A	32497	Acquired		Class A Common Stock (32497)	Direct
2023-12-04	Restricted Stock Units	$	A	10750	Acquired		Class A Common Stock (10750)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").

F2: A total of 32,497 RSUs were granted on December 4, 2023 under the Company's 2023 Incentive Award Plan (the "Plan") and will vest in nine successive quarterly installments, commencing on March 4, 2024, 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 4, 2026).

F3: A total of 10,750 RSUs were granted on December 4, 2023, under the Company's 2023 Incentive Award Plan and will vest in four successive quarterly installments, commencing on March 4, 2024, with 1/4th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the fourth quarterly vesting date (December 4, 2024).