COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023

Mar 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2023-03-06

Reporting Person: ROHLEDER STEPHEN J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-06	Deferred Stock Units	$	A	41	Acquired		Class A Common Stock (41.0)	Direct

Footnotes

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

F2: The Reporting Person elected, pursuant to the Company's Non-Employee Director Compensation Guidelines (the "Guidelines"), to receive fully vested shares of the Company's Class A Common Stock for 100% of the cash retainer awarded to him upon his appointment as a member of the Company's Governance and Sustainability Committee on March 6, 2023. The Reporting Person has also elected, pursuant to the Guidelines, to defer payment of the underlying shares until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability). The DSUs are fully vested.