Robert Telesmanic - Nov 23, 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: Nov 23, 2023
Transactions value $: -$17,366
Form type: 4
Date filed: 11/27/2023, 04:15 PM
Previous filing: Nov 20, 2023
Next filing: Dec 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+525	+2.1%		25.6K	Nov 23, 2023	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	-$17.4K	-245	-0.96%	$70.88	25.3K	Nov 23, 2023	Direct	F3
holding	CTSH	Class A Common Stock						800	Nov 23, 2023	By Parent's Estate	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	-525	-50%	$0.00	525	Nov 23, 2023	Class A Common Stock	525		Direct	F2, F5

* 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 February 23, 2021.
F2	Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4	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.
F5	A total of 6,295 RSUs were granted on February 23, 2021, under the Cognizant Technology Solutions Corporation 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 such RSUs will be fully vested on the twelfth quarterly vesting date (February 23, 2024).