Stephen J. Rohleder - May 29, 2024 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
May 29, 2024
Transactions value $
$0
Form type
4
Date filed
5/31/2024, 04:47 PM
Previous filing
Mar 1, 2024
Next filing
Jun 6, 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 +35.6 +0.45% $0.00 7.88K May 29, 2024 Class A Common Stock 35.6 Direct F1, F2
transaction CTSH Restricted Stock Units Award $0 +17.1 +0.45% $0.00 3.79K May 29, 2024 Class A Common Stock 17.1 Direct F3, F4
transaction CTSH Restricted Stock Units Award $0 +19.9 +0.45% $0.00 4.4K May 29, 2024 Class A Common Stock 19.9 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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).
F3 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.
F4 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).
F5 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.
F6 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).