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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2023

Apr 4, 2023

30125_dirs_2023-04-04_dd88195d-e849-4d96-af0f-dbe7d850f857.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: 2023-04-01

Reporting Person: Walker Robert C. (EVP & Pres, Global Growth Mkts)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-01 Class A Common Stock M 1140 Acquired 13500 Direct
2023-04-01 Class A Common Stock F 528 $60.93 Disposed 12972 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-01 Restricted Stock Units $ M 1140 Disposed Class A Common Stock (1140.0) Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/6th of the restricted stock unit ("RSU") award granted on July 1, 2022.

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 10,264 RSUs were originally granted on July 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 10 successive quarterly installments, commencing on October 1, 2022, with (i) 1/6th of such RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/6th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the tenth vesting date (January 1, 2025).