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: Schmitt Becky (EVP and Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Class A Common Stock	M	19067	—	Acquired	42628	Direct
2023-03-15	Class A Common Stock	F	8390	$57.07	Disposed	34238	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-15	Performance Stock Units	$	M	19067	Disposed		Class A Common Stock (19067.0)	Direct

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: Since the date of the reporting person's last ownership report, the reporting person transferred 5,924 shares to her ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any Company securities owned by her ex-spouse.

F4: Shares of the Company's Class A Common Stock withheld to pay applicable taxes.