Robert Telesmanic - May 19, 2021 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: SVP, Controller & CAO
Signature: /s/ Bryan Jenkins, on behalf of Robert Telesmanic, by Power of Attorney
Stock symbol: CTSH
Transactions as of: May 19, 2021
Transactions value $: -$4,598
Form type: 4
Date filed: 5/21/2021, 02:57 PM
Next filing: May 25, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+129	+1.19%		11K	May 19, 2021	Direct	F1, F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	-$4.6K	-65	-0.59%	$70.74	10.9K	May 19, 2021	Direct	F4
holding	CTSH	Class A Common Stock						800	May 19, 2021	By Parent's Estate	F5

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	-129	-16.58%	$0.00	649	May 19, 2021	Class A Common Stock	129		Direct	F2, F6

* 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 2/3rds of 1/7th of the restricted stock unit ("RSU") award granted on May 19, 2020.
F2	Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	Includes 314 shares acquired under the Company's 2004 Employee Stock Purchase Plan, as amended, on March 31, 2021.
F4	Represents the number of shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	The reporting person has been the Appointed Fiduciary of the estate since May 2015. Except to the extent of his pecuniary interest, the reporting person disclaims beneficial ownership of the securities held by the estate.
F6	The RSUs were granted on May 19, 2020 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in 11 successive quarterly installments, commencing on August 19, 2020, with (i) 1/7th of the RSUs vesting on each of the first three vesting dates; (ii) 2/3rds of 1/7th of the RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/7th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the eleventh vesting date. The RSUs will be fully vested on February 19, 2023.