Ursula Morgenstern - 23 Feb 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: President, Global Markets
Signature: /s/ Udele Lin, on behalf of Ursula Morgenstern, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 23 Feb 2022
Net transactions value: -$44,949
Form type: 4
Filing time: 25 Feb 2022, 18:15:09 UTC
Previous filing: 16 Dec 2021
Next filing: 03 Mar 2022
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		+1,143	+13%		10,271	23 Feb 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$44,949	-531	-5.2%	$84.65	9,740	23 Feb 2022	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	-1,143	-11%	$0.000000	9,148	23 Feb 2022	Class A Common Stock	1,143		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 23, 2021.
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 February 23, 2021 under the Cognizant Technology Solutions Corporation 2017 Incentive Award Plan and will vest in quarterly installments over three years, commencing on May 23, 2021, 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 February 23, 2024.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney