Kathryn Diaz - Nov 17, 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: EVP, Chief People Officer
Signature: /s/ Carrie P. Ryan, on behalf of Kathryn Diaz, by Power of Attorney
Stock symbol: CTSH
Transactions as of: Nov 17, 2023
Transactions value $: -$7,162
Form type: 4
Date filed: 11/21/2023, 04:23 PM
Previous filing: Nov 20, 2023
Next filing: Nov 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+89	+1.41%		6.42K	Nov 17, 2023	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Options Exercise		+118	+1.84%		6.54K	Nov 17, 2023	Direct	F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	-$7.16K	-103	-1.58%	$69.53	6.44K	Nov 17, 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	-89	-33.46%	$0.00	177	Nov 17, 2023	Class A Common Stock	89		Direct	F2, F5
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-118	-49.79%	$0.00	119	Nov 17, 2023	Class A Common Stock	118		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 1/12th 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 1/3rd or 1/7th of the RSU award granted on May 17, 2021.
F4	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	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).
F6	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).