Gregory Hyttenrauch - Jul 1, 2021 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: President, North America
Signature: /s/ Harry Demas, on behalf of Gregory Hyttenrauch, by Power of Attorney
Stock symbol: CTSH
Transactions as of: Jul 1, 2021
Transactions value $: -$82,132
Form type: 4
Date filed: 7/6/2021, 05:55 PM
Previous filing: Jun 8, 2021
Next filing: Aug 25, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+2.56K	+17.08%		17.5K	Jul 1, 2021	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	-$82.1K	-1.18K	-6.71%	$69.84	16.4K	Jul 1, 2021	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-2.56K	-14.28%	$0.00	15.3K	Jul 1, 2021	Class A Common Stock	2.56K		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 December 2, 2019.
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	The RSUs were granted on December 2, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on April 1, 2020, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The stock units will be fully vested on January 1, 2023.