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

Role: President, Digital Business
Signature: /s/ Udele Lin, on behalf of Rajesh Nambiar, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 15 Mar 2022
Net transactions value: -$34,116
Form type: 4
Filing time: 17 Mar 2022, 18:38:48 UTC
Previous filing: 03 Mar 2022
Next filing: 25 May 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		+914	+12%		8,838	15 Mar 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$34,116	-387	-4.4%	$88.16	8,451	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	Restricted Stock Units	Options Exercise	$0	-914	-20%	$0.000000	3,661	15 Mar 2022	Class A Common Stock	914		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 1/7th of the restricted stock unit ("RSU") award granted on June 18, 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 June 18, 2021 under the Company's 2017 Incentive Award Plan and will vest in 11 successive quarterly installments, with (i) 1/7th of the RSUs vesting on September 15, 2021 (the "First RSU Vesting Date"), (ii) 1/7th of the RSUs vesting on each of the first and second three-month anniversaries of the First RSU Vesting Date, (iii) 2/3rds of 1/7th of the RSUs vesting on each of the third, fourth, fifth and sixth three-month anniversaries of the First RSU Vesting Date, (iv) 1/3rd of 1/7th of the RSUs vesting on each of the seventh, eight and ninth three-month anniversaries of the First RSU Vesting Date, and (v) the remainder of the RSUs vesting on the tenth three-month anniversary of the First RSU Vesting Date. The RSUs will be fully vested on March 15, 2024.