Power Gregory Hyttenrauch - 01 Apr 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: President, Americas
Signature: /s/ Udele Lin, on behalf of Gregory Hyttenrauch, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 01 Apr 2022
Net transactions value: -$108,282
Form type: 4
Filing time: 05 Apr 2022, 18:52:34 UTC
Previous filing: 17 Mar 2022
Next filing: 25 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+2,557	+9.3%		29,928	01 Apr 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$108,282	-1,203	-4%	$90.01	28,725	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	-2,557	-25%	$0.000000	7,673	01 Apr 2022	Class A Common Stock	2,557		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	A total of 30,689 RSUs were originally granted on December 2, 2019 under the Company's 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on April 1, 2020, 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 (January 1, 2023).