COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2023-03-15

Reporting Person: Telesmanic Robert (SVP, Controller & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Class A Common Stock	M	6864	—	Acquired	26192	Direct
2023-03-15	Class A Common Stock	F	3336	$57.07	Disposed	22856	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-15	Performance Stock Units	$	M	6864	Disposed		Class A Common Stock (6864.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	800	Indirect

Footnotes

F1: Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 16, 2023 and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2023.

F2: Each PSU 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: The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.