Gregory Hyttenrauch - 15 Mar 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: President, North America
Signature: /s/ Udele Lin, on behalf of Gregory Hyttenrauch, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 15 Mar 2022
Net transactions value: -$104,481
Form type: 4
Filing time: 17 Mar 2022, 18:30:59 UTC
Previous filing: 08 Mar 2022
Next filing: 05 Apr 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		+2,582	+9.9%		28,556	15 Mar 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$104,481	-1,185	-4.1%	$88.17	27,371	15 Mar 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	Performance Stock Units	Options Exercise	$0	-2,582	-100%	$0.000000^*	0	15 Mar 2022	Class A Common Stock	2,582		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan. The performance conditions were determined to be satisfied on March 1, 2022 and the PSUs were vested and settled in Class A Common Stock of the Company on March 15, 2022.
F2	Each PSU 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.