Surya Gummadi - Jul 1, 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Signature
/s/ Carrie P. Ryan, on behalf of Surya Gummadi, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/5/2022, 04:34 PM
Previous filing
Jul 6, 2022
Next filing
Aug 19, 2022

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 Award $0 +4.41K $0.00 4.41K Jul 1, 2022 Class A Common Stock 4.41K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
F2 On May 9, 2022, the Company's Compensation Committee made the grant of RSUs, effective as of July 1, 2022, under the Company's 2017 Incentive Award Plan. The RSUs will vest in quarterly installments over three years, commencing on October 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 (July 1, 2025).