Kathryn Diaz - May 5, 2023 Form 3 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
SVP & Interim Chief People Off
Signature
/s/ Carrie P. Ryan, on behalf of Kathryn Diaz, by Power of Attorney
Stock symbol
CTSH
Transactions as of
May 5, 2023
Transactions value $
$0
Form type
3
Date filed
5/12/2023, 05:33 PM
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTSH Class A Common Stock 4.29K May 5, 2023 Direct

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
holding CTSH Restricted Stock Units May 5, 2023 Class A Common Stock 915 Direct F1, F2
holding CTSH Restricted Stock Units May 5, 2023 Class A Common Stock 443 Direct F2, F3
holding CTSH Restricted Stock Units May 5, 2023 Class A Common Stock 473 Direct F2, F4
holding CTSH Restricted Stock Units May 5, 2023 Class A Common Stock 2.33K Direct F2, F5
holding CTSH Restricted Stock Units May 5, 2023 Class A Common Stock 3.31K Direct F2, F6
holding CTSH Restricted Stock Units May 5, 2023 Class A Common Stock 4.52K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A total of 2,744 restricted stock units ("RSUs") were originally granted on February 23, 2021 under the Cognizant Technology Solutions Corporation (the "Company") 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 23, 2021, 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 (February 23, 2024).
F2 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 A total of 1,061 RSUs were originally granted on May 17, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on August 17, 2021, 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 (May 17, 2024).
F4 A total of 2,477 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).
F5 A total of 3,496 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).
F6 A total of 4,409 RSUs were originally granted on July 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 October 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 (July 1, 2025).
F7 A total of 4,520 RSUs were originally granted on February 16, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount shall vest in quarterly installments over three years, commencing on May 16, 2023, 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 (February 16, 2026).

Remarks:

Ms. Diaz was appointed SVP Interim Chief People Officer of the Company on May 5, 2023. Exhibit List: Exhibit 24 - Power of Attorney