Brian Humphries - 05 Sep 2021 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: Chief Executive Officer, Director
Signature: /s/ Harry Demas, on behalf of Brian Humphries, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 05 Sep 2021
Transactions value $: $-43,863
Form type: 4
Filing time: 08 Sep 2021, 19:23:41 UTC
Previous filing: 25 Aug 2021
Next filing: 05 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTSH	Class A Common Stock	Options Exercise		+5,785	+7.46%		83,362	05 Sep 2021	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$-43,863	-573	-0.69%	$76.55	82,789	05 Sep 2021	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	-5,785	-14.3%	$0.000000	34,707	05 Sep 2021	Class A Common Stock	5,785		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 March 5, 2020.
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	The RSUs were granted on March 5, 2020 under the Cognizant Technology Solutions Corporation (2017) Incentive Award Plan and will vest in quarterly installments over three years, commencing on June 5, 2020, with 1/12th of the RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date. The RSUs will be fully vested on March 5, 2023.