Balu Ganesh Ayyar - 15 Nov 2022 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
EVP and President IOA
Signature
/s/ Carrie P. Ryan, on behalf of Balu Ganesh Ayyar, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
15 Nov 2022
Net transactions value
$0
Form type
4
Filing time
17 Nov 2022, 15:17:44 UTC
Previous filing
04 Oct 2022
Next filing
05 Dec 2022
SEC
View on sec.gov

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 Award $0 +14,592 $0.000000 14,592 15 Nov 2022 Class A Common Stock 14,592 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
F2 A total of 14,592 RSUs were granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such grant will begin vesting in nine successive quarterly installments, commencing on February 15, 2023, 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 (February 15, 2025).

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney