Robert Telesmanic - Mar 5, 2023 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: Mar 5, 2023
Transactions value $: -$10,194
Form type: 4
Date filed: 3/7/2023, 03:53 PM
Previous filing: Mar 3, 2023
Next filing: Mar 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		+296	+1.55%		19.4K	Mar 5, 2023	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Options Exercise		+55	+0.28%		19.5K	Mar 5, 2023	Direct	F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	-$10.2K	-163	-0.84%	$62.54	19.3K	Mar 5, 2023	Direct	F4
holding	CTSH	Class A Common Stock						800	Mar 5, 2023	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	-296	-100%	$0.00^*	0	Mar 5, 2023	Class A Common Stock	296		Direct	F2, F6
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-55	-100%	$0.00^*	0	Mar 5, 2023	Class A Common Stock	55		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 1/12th of the restricted stock unit ("RSU") award granted on March 5, 2020.
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 the twelfth and final installment of the RSU award granted on March 5, 2020.
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 3,545 RSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 5, 2020, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs were fully vested on the twelfth quarterly vesting date (March 5, 2023).
F7	A total of 1,315 RSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 12 successive quarterly installments, commencing on June 5, 2020, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs were fully vested on the twelfth vesting date (March 5, 2023).