Robert C. Walker - Dec 1, 2022 Form 4 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
Dec 1, 2022
Transactions value $
-$11,585
Form type
4
Date filed
12/5/2022, 03:41 PM
Previous filing
Nov 21, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +387 +3.91% 10.3K Dec 1, 2022 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability -$11.6K -185 -1.8% $62.62 10.1K Dec 1, 2022 Direct F3

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 -387 -9.99% $0.00 3.49K Dec 1, 2022 Class A Common Stock 387 Direct F2, F4
* 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 1/12th of the restricted stock unit ("RSU") award granted on March 1, 2022.
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 withheld to pay applicable taxes.
F4 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).