COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2023

Feb 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2023-02-17

Reporting Person: Gummadi Surya (EVP and President, Americas)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-17	Class A Common Stock	M	37	—	Acquired	5975	Direct
2023-02-19	Class A Common Stock	M	245	—	Acquired	6220	Direct
2023-02-19	Class A Common Stock	F	91	$65.48	Disposed	6129	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-17	Restricted Stock Units	$	M	37	Disposed		Class A Common Stock (37.0)	Direct
2023-02-19	Restricted Stock Units	$	M	245	Disposed		Class A Common Stock (245.0)	Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/7th of the restricted stock unit ("RSU") award granted on May 17, 2021.

F2: Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.

F3: Shares of Class A Common Stock of the Company received from the vesting of 100% of the RSU award granted on May 19, 2020.

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

F5: A total of 385 RSUs were originally granted on May 17, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 17, 2021, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the eleventh vesting date (February 17, 2024).

F6: A total of 5,099 RSUs were originally granted on May 19, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 19, 2020, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the of such RSUs were fully vested on the eleventh vesting date (February 19, 2023).