Robert Telesmanic - Dec 5, 2021 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: SVP, Controller & CAO
Signature: /s/ Harry Demas, on behalf of Robert Telesmanic, by Power of Attorney
Stock symbol: CTSH
Transactions as of: Dec 5, 2021
Transactions value $: -$15,233
Form type: 4
Date filed: 12/7/2021, 04:42 PM
Previous filing: Dec 3, 2021
Next filing: Dec 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+295	+2.3%		13.1K	Dec 5, 2021	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	-$11.1K	-141	-1.07%	$78.52	13K	Dec 5, 2021	Direct	F3
transaction	CTSH	Class A Common Stock	Options Exercise		+109	+0.84%		13.1K	Dec 5, 2021	Direct	F2, F4
transaction	CTSH	Class A Common Stock	Tax liability	-$4.16K	-53	-0.4%	$78.52	13K	Dec 5, 2021	Direct	F3
holding	CTSH	Class A Common Stock						800	Dec 5, 2021	By Parent's Estate	F5

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	-295	-16.64%	$0.00	1.48K	Dec 5, 2021	Class A Common Stock	295		Direct	F2, F6
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-109	-24.83%	$0.00	330	Dec 5, 2021	Class A Common Stock	109		Direct	F2, F7

* 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 unity ("RSU") award granted on March 5, 2020.
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	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 March 5, 2020.
F5	The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.
F6	The RSUs were granted on March 5, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 5, 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 RSUs will be fully vested on March 5, 2023.
F7	The RSUs were granted on March 5, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 5, 2020, with (i) 1/8th of the RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the twelfth vesting date. The RSUs will be fully vested on March 5, 2023.