COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023

Feb 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2023-02-23

Reporting Person: Schmitt Becky (EVP and Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-23	Class A Common Stock	M	228	—	Acquired	29463	Direct
2023-02-23	Class A Common Stock	F	106	$64.29	Disposed	29357	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-23	Restricted Stock Units	$	M	228	Disposed		Class A Common Stock (228.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/8th of the restricted stock unit ("RSU") award granted on February 23, 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 2,744 RSUs were granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting vest in quarterly installments over three years, commencing on May 23, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rd 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 such RSUs vesting on the twelfth vesting date (February 23, 2024).