Kathryn Diaz - Sep 6, 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Signature
/s/ Carrie P. Ryan, on behalf of Kathryn Diaz, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Sep 6, 2023
Transactions value $
$0
Form type
4
Date filed
9/8/2023, 04:22 PM
Previous filing
Sep 6, 2023
Next filing
Oct 3, 2023

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 Award $0 +8.42K $0.00 8.42K Sep 6, 2023 Class A Common Stock 8.42K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
F2 A total of 8,415 RSUs were granted on September 6, 2023 under the Company's 2023 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on December 6, 2023, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (March 6, 2026).