Robert C. Walker - Jun 9, 2022 Form 3 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
EVP & Pres, Global Growth Mkts
Signature
/s/ Carrie P. Ryan, on behalf of Robert C. Walker, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Jun 9, 2022
Transactions value $
$0
Form type
3
Date filed
6/17/2022, 05:14 PM
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTSH Class A Common Stock 6.52K Jun 9, 2022 Direct

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
holding CTSH Restricted Stock Units Jun 9, 2022 Class A Common Stock 6.66K Direct F1, F2
holding CTSH Restricted Stock Units Jun 9, 2022 Class A Common Stock 3.17K Direct F2, F3
holding CTSH Restricted Stock Units Jun 9, 2022 Class A Common Stock 2.8K Direct F2, F4
holding CTSH Restricted Stock Units Jun 9, 2022 Class A Common Stock 1.17K Direct F2, F5
holding CTSH Restricted Stock Units Jun 9, 2022 Class A Common Stock 4.26K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A total of 11,415 restricted stock units ("RSUs") were originally granted on February 1, 2021 under the Cognizant Technology Solutions Corporation (the "Company") 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 1, 2021, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (February 1, 2024.)
F2 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 A total of 7,610 RSUs were originally granted on February 1, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 1, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 1, 2024.)
F4 A total of 4,204 RSUs were originally granted on May 17, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on August 17, 2021, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (May 17, 2024.)
F5 A total of 2,452 RSUs were originally granted on May 17, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 17, 2021, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the eleventh vesting date (May 17, 2024.)
F6 A total of 4,650 RSUs were originally granted on March 1, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2022, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2025.)

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney