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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2023

Oct 3, 2023

30125_dirs_2023-10-03_f724019b-b38d-4805-9c93-c14eb041b0eb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2023-09-29

Reporting Person: Kim John Sunshin (EVP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-09-29 Class A Common Stock M 882 Acquired 24397 Direct
2023-09-29 Class A Common Stock F 473 $67.74 Disposed 23924 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-09-29 Restricted Stock Units $ M 882 Disposed Class A Common Stock (882) Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/3rd of 1/8th of the restricted stock unit ("RSU") award originally granted on March 29, 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 21,137 RSUs were originally granted on March 29, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 29, 2021, 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 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 the RSUs vesting on the twelfth vesting date (March 29, 2024).