Brian Humphries - 01 Apr 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Signature
/s/ Udele Lin, on behalf of Brian Humphries, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
01 Apr 2022
Net transactions value
-$39,874
Form type
4
Filing time
05 Apr 2022, 18:49:05 UTC
Previous filing
08 Mar 2022
Next filing
25 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +3,386 +3.1% 113,708 01 Apr 2022 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability $39,874 -443 -0.39% $90.01 113,265 01 Apr 2022 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 -3,386 -100% $0.000000* 0 01 Apr 2022 Class A Common Stock 3,386 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 April 1, 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 A total of 40,622 RSUs were originally granted on April 1, 2019 under the Company's 2017 Incentive Award Plan and vested in quarterly installments over three years, commencing on July 1, 2019, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs were fully vested on the twelfth quarterly vesting date (April 1, 2022).