Power Surya Gummadi - 17 Feb 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: EVP and President, Americas
Signature: /s/ Carrie P. Ryan, on behalf of Surya Gummadi, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 17 Feb 2023
Net transactions value: -$5,959
Form type: 4
Filing time: 22 Feb 2023, 16:07:05 UTC
Previous filing: 21 Feb 2023
Next filing: 27 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+37	+0.62%		5,975	17 Feb 2023	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Options Exercise		+245	+4.1%		6,220	19 Feb 2023	Direct	F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	$5,959	-91	-1.5%	$65.48	6,129	19 Feb 2023	Direct	F4

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	-37	-33%	$0.000000	76	17 Feb 2023	Class A Common Stock	37		Direct	F2, F5
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-245	-100%	$0.000000^*	0	19 Feb 2023	Class A Common Stock	245		Direct	F2, F6

* 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 2/3rds of 1/7th of the restricted stock unit ("RSU") award granted on May 17, 2021.
F2	Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	Shares of Class A Common Stock of the Company received from the vesting of 100% of the RSU award granted on May 19, 2020.
F4	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	A total of 385 RSUs were originally granted on May 17, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 17, 2021, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the eleventh vesting date (February 17, 2024).
F6	A total of 5,099 RSUs were originally granted on May 19, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 11 successive quarterly installments, commencing on August 19, 2020, with (i) 1/7th of such RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of1/7th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the of such RSUs were fully vested on the eleventh vesting date (February 19, 2023).