Zein Abdalla - Sep 9, 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: Director
Signature: /s/ Udele Lin, on behalf of Zein Abdalla, by Power of Attorney
Stock symbol: CTSH
Transactions as of: Sep 9, 2022
Transactions value $: -$11,667
Form type: 4
Date filed: 9/13/2022, 04:49 PM
Previous filing: Jun 9, 2022
Next filing: May 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise	$274K	+4.37K	+32.22%	$62.77	17.9K	Sep 9, 2022	Direct
transaction	CTSH	Class A Common Stock	Sale	-$286K	-4.37K	-24.37%	$65.44	13.6K	Sep 9, 2022	Direct	F1

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	-4.37K	-100%	$0.00^*	0	Sep 9, 2022	Class A Common Stock	4.37K	$62.77	Direct	F2

* 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 $65.4400 to $65.4501, 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	The options were granted on September 15, 2015 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested as follows: 50% on September 15, 2016 and 50% on September 15, 2017. The options were fully vested on September 15, 2017.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.4400 to $65.4501, 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.

The options were granted on September 15, 2015 pursuant to the Cognizant Technology Solutions Corporation 2009 Incentive Compensation Plan and vested as follows: 50% on September 15, 2016 and 50% on September 15, 2017. The options were fully vested on September 15, 2017.