Jatin P. Dalal - Jun 1, 2024 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Chief Financial Officer
Signature
/s/ Carrie P. Ryan, on behalf of Jatin P. Dalal, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Jun 1, 2024
Transactions value $
-$71,640
Form type
4
Date filed
6/4/2024, 04:49 PM
Previous filing
Mar 6, 2024
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +1.96K +35.85% 7.44K Jun 1, 2024 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability -$71.6K -1.08K -14.55% $66.15 6.36K Jun 3, 2024 Direct F3

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 -1.96K -8.33% $0.00 21.6K Jun 1, 2024 Class A Common Stock 1.96K Direct F2, F4
* 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 28, 2024.
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 A total of 23,572 RSUs were originally granted on February 28, 2024, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2024, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).