| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTSH | Deferred Restricted Stock Units | Award | $0 | +23 | +0.41% | $0.00 | 5.6K | Nov 30, 2023 | Class A Common Stock | 23 | Direct | F1, F2, F3 | |
| transaction | CTSH | Restricted Stock Units | Award | $0 | +14.6 | +0.41% | $0.00 | 3.55K | Nov 30, 2023 | Class A Common Stock | 14.6 | Direct | F1, F4, F5 |
| Id | Content |
|---|---|
| F1 | The Board of Directors (the "Board") of Cognizant Technology Solutions Corporation (the "Company") has determined that all dividend equivalent rights on outstanding and any future restricted stock units (including deferred stock units and restricted stock units with deferred and non-deferred settlement) granted to current and future non-employee members of the Board that relate to ordinary cash dividends with a record date on or after September 7, 2023 shall be credited in the form of additional restricted stock units that are subject to the same terms (including vesting and settlement) as the restricted stock units to which they relate. |
| F2 | Reflects deferred restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred restricted stock units. Each deferred restricted stock unit represents a right to receive one share of Class A Common Stock of the Company. |
| F3 | The deferred restricted stock units are fully vested and will be settled upon the Reporting Person's termination of service from the Board. |
| F4 | Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A Common Stock. |
| F5 | The restricted stock units will vest fully on June 6, 2024. |