| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTSH | Class A Common Stock | Award | $47.2K | +723 | +2.71% | $65.35 | 27.4K | Jun 4, 2024 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTSH | Restricted Stock Units | Award | $0 | +3.37K | $0.00 | 3.37K | Jun 4, 2024 | Class A Common Stock | 3.37K | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | The Reporting Person elected, pursuant to Cognizant Technology Solutions Corporation (the "Company") Non-Employee Director Compensation Guidelines (the "Guidelines"), to receive fully vested shares of the Company's Class A Common Stock in lieu of 30% of the annual cash retainers to which he is entitled for his service on the Company's Board and its committees. The remaining 70% of such amounts will be paid in cash. |
| F2 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Company. |
| F3 | The RSUs will vest fully on June 4, 2025. The Reporting Person has elected, pursuant to the Company's Guidelines to defer payment of such RSUs (and corresponding dividend equivalents, if any) 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). |