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COGNIZANT TECHNOLOGY SOLUTIONS CORP Director's Dealing 2024

Nov 19, 2024

30125_dirs_2024-11-19_c7ac9215-b802-4372-9df5-5f056f0175ba.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2024-11-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-11-15 Class A Common Stock M 2085 Acquired 35122 Direct
2024-11-15 Class A Common Stock M 36 Acquired 35158 Direct
2024-11-15 Class A Common Stock F 1046 $77.11 Disposed 34112 Direct
2024-11-16 Class A Common Stock M 753 Acquired 34865 Direct
2024-11-16 Class A Common Stock M 1255 Acquired 36120 Direct
2024-11-18 Class A Common Stock F 994 $77.11 Disposed 35126 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-11-15 Restricted Stock Units $ M 2085 Disposed Class A Common Stock (2085) Direct
2024-11-15 Restricted Stock Units $ M 36 Disposed Class A Common Stock (36) Direct
2024-11-16 Restricted Stock Units $ M 753 Disposed Class A Common Stock (753) Direct
2024-11-16 Restricted Stock Units $ M 1255 Disposed Class A Common Stock (1255) Direct

Footnotes

F1: Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on November 15, 2022.

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 1/3rd of 1/5th of the RSU award granted on November 15, 2022.

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

F5: Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 16, 2023.

F6: Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/8th of the RSU award granted on February 16, 2023.

F7: A total of 25,016 RSUs were originally granted on November 15, 2022, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on February 15, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (November 15, 2025).

F8: A total of 544 RSUs were originally granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on February 15, 2023, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (February 15, 2025).

F9: A total of 9,041 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (February 16, 2026).

F10: A total of 15,069 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds 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 16, 2026).