Michael Patsalos-Fox - May 17, 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Director
Signature
/s/ Udele Lin, on behalf of Michael Patsalos-Fox, by Power of Attorney
Stock symbol
CTSH
Transactions as of
May 17, 2022
Transactions value $
-$5,201
Form type
4
Date filed
5/19/2022, 05:56 PM
Previous filing
Jun 4, 2021
Next filing
Jun 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 $418K +6.37K +11.21% $65.60 63.2K May 17, 2022 Direct
transaction CTSH Class A Common Stock Sale -$423K -5.69K -9% $74.40 57.5K May 17, 2022 Direct F1
holding CTSH Class A Common Stock 10K May 17, 2022 PFOXFAMILY LLC F2

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 Class A Common Stock Option (Right to Buy) Options Exercise $0 -6.37K -100% $0.00* 0 May 17, 2022 Class A Common Stock 6.37K $65.60 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.3875 to $74.44, inclusive. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F2 All of the membership interests of the PFOXFAMILY LLC are held by a trust for the benefit of the Reporting Person's children and for which the Reporting Person's spouse is the co-trustee.
F3 The options were granted on June 2, 2015 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested as follows: 50% on June 2, 2016 and 50% on June 2, 2017. The options were fully vested on June 2, 2017.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney