John Kim - Dec 16, 2021 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
EVP & General Counsel
Signature
/s/ Harry Demas, on behalf of John Sunshin Kim, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Dec 16, 2021
Transactions value $
-$21,255
Form type
4
Date filed
12/20/2021, 04:52 PM
Previous filing
Oct 1, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +608 +9.33% 7.13K Dec 16, 2021 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability -$21.3K -251 -3.52% $84.68 6.88K Dec 16, 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 -608 -19.99% $0.00 2.43K Dec 16, 2021 Class A Common Stock 608 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 16, 2019.
F2 Each RSU represents a contingent right to receive one share of Class A Common Stock of the Company.
F3 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4 The RSUs were granted on December 16, 2019 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and vest in quarterly installments over three years, commencing on March 16, 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 December 16, 2022.