Ursula Morgenstern - 14 Jun 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: EVP
Signature: /s/ Udele Lin, on behalf of Ursula Morgenstern, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 14 Jun 2022
Net transactions value: -$67,327
Form type: 4
Filing time: 16 Jun 2022, 16:43:45 UTC
Previous filing: 03 Jun 2022
Next filing: 05 Jul 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		+1,052	+8.4%		13,593	14 Jun 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Options Exercise		+1,052	+7.7%		14,645	14 Jun 2022	Direct	F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	$67,327	-992	-6.8%	$67.87	13,653	14 Jun 2022	Direct	F4

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	-1,052	-14%	$0.000000	6,314	14 Jun 2022	Class A Common Stock	1,052		Direct	F2, F5
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-1,052	-25%	$0.000000	3,156	14 Jun 2022	Class A Common Stock	1,052		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 1/12th of the restricted stock unit ("RSU") award granted on December 14, 2020.
F2	Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	Shares of Class A Common Stock of the Company received from the vesting of 1/3rd of 1/5th of the RSU award granted on December 14, 2020.
F4	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	A total of 12,627 RSUs were granted on December 14, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on March 14, 2021, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (December 14, 2023.)
F6	A total of 15,784 RSUs were granted on December 14, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on March 14, 2021, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (March 14, 2023.)