Stephen J. Rohleder - Nov 30, 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: Director
Signature: /s/ Carrie P. Ryan, on behalf of Stephen J. Rohleder, by Power of Attorney
Stock symbol: CTSH
Transactions as of: Nov 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/4/2023, 04:53 PM
Previous filing: Jun 8, 2023
Next filing: Mar 1, 2024

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	Deferred Stock Units	Award	$0	+32.1	+0.41%	$0.00	7.82K	Nov 30, 2023	Class A Common Stock	32.1		Direct	F1, F2, F3
transaction	CTSH	Restricted Stock Units	Award	$0	+14.1	+0.41%	$0.00	3.45K	Nov 30, 2023	Class A Common Stock	14.1		Direct	F1, F4, F5
transaction	CTSH	Restricted Stock Units	Award	$0	+1.27	+0.41%	$0.00	310	Nov 30, 2023	Class A Common Stock	1.27		Direct	F1, F6, F7
transaction	CTSH	Restricted Stock Units	Award	$0	+17.9	+0.41%	$0.00	4.36K	Nov 30, 2023	Class A Common Stock	17.9		Direct	F1, F6, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred stock units. Each deferred stock unit represents a right to receive one share of Class A Common Stock of the Company.
F3	The deferred stock units are fully vested. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines (the "Guidelines"), to defer settlement of such deferred stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
F4	Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a right to receive one share of Class A Common Stock of the Company.
F5	The restricted stock units are fully vested. The Reporting Person has elected, pursuant to the Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
F6	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 Class A Common Stock of the Company.
F7	The restricted stock units will vest fully on January 12, 2024. The Reporting Person has elected, pursuant to the Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
F8	The restricted stock units will vest fully on June 6, 2024. The Reporting Person has elected, pursuant to the Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).