Robert C. Walker - 01 Nov 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: EVP & Pres, Global Growth Mkts
Signature: /s/ Carrie P. Ryan, on behalf of Robert C. Walker, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 01 Nov 2022
Transactions value $: -$46,335
Form type: 4
Filing time: 03 Nov 2022, 16:38:19 UTC
Previous filing: 04 Oct 2022
Next filing: 21 Nov 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		+951	+10.87%		9.7K	01 Nov 2022	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Options Exercise		+632	+6.51%		10.3K	01 Nov 2022	Direct	F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	-$46.3K	-741	-7.17%	$62.53	9.59K	01 Nov 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	-951	-16.66%	$0.00	4.76K	01 Nov 2022	Class A Common Stock	951		Direct	F2, F5
transaction	CTSH	Restricted Stock Units	Options Exercise	$0	-632	-24.93%	$0.00	1.9K	01 Nov 2022	Class A Common Stock	632		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 February 1, 2021.
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 2/3rds of 1/8th of the RSU award granted on February 1, 2021.
F4	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	A total of 11,415 RSUs were originally granted on February 1, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 1, 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 (February 1, 2024).
F6	A total of 7,610 RSUs were originally granted on February 1, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 1, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 1, 2024).