John Kim - Dec 16, 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
EVP & General Counsel
Signature
/s/ Carrie P. Ryan, on behalf of John Kim, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Dec 16, 2022
Transactions value $
-$17,946
Form type
4
Date filed
12/20/2022, 03:28 PM
Previous filing
Dec 5, 2022
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +609 +4.25% 14.9K Dec 16, 2022 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability -$17.9K -323 -2.16% $55.56 14.6K Dec 16, 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 -609 -100% $0.00* 0 Dec 16, 2022 Class A Common Stock 609 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 December 16, 2019.
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 7,298 RSUs were granted on December 16, 2019 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on March 16, 2020, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs were fully vested on the twelfth quarterly vesting date (December 16, 2022).