Robert Telesmanic - Dec 1, 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: SVP, Controller & CAO
Signature: /s/ Carrie P. Ryan, on behalf of Robert Telesmanic, by Power of Attorney
Stock symbol: CTSH
Transactions as of: Dec 1, 2022
Transactions value $: -$25,298
Form type: 4
Date filed: 12/5/2022, 03:28 PM
Previous filing: Nov 28, 2022
Next filing: Dec 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+401	+2.26%		18.1K	Dec 1, 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Options Exercise		+445	+2.46%		18.6K	Dec 1, 2022	Direct	F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	-$25.3K	-404	-2.18%	$62.62	18.2K	Dec 1, 2022	Direct	F4
holding	CTSH	Class A Common Stock						800	Dec 1, 2022	By Parent's Estate	F5

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	-401	-49.94%	$0.00	402	Dec 1, 2022	Class A Common Stock	401		Direct	F2, F6
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-445	-9.99%	$0.00	4.01K	Dec 1, 2022	Class A Common Stock	445		Direct	F2, F7

* 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 1/3rd of 1/5th of the restricted stock unit ("RSU") award granted on December 1, 2020.
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 received from the vesting of 1/12th of the RSU award granted on March 1, 2022.
F4	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.
F6	A total of 6,027 RSUs were originally granted on December 1, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on March 1, 2021, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (March 1, 2023).
F7	A total of 5,347 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).