Becky Schmitt - 23 Nov 2022 Form 4/A - Amendment Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: EVP and Chief People Officer
Signature: /s/ Carrie P. Ryan, on behalf of Becky Schmitt, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 23 Nov 2022
Net transactions value: -$6,423
Form type: 4/A - Amendment
Filing time: 30 Dec 2022, 07:38:38 UTC
Date Of Original Report: 28 Nov 2022
Previous filing: 07 Nov 2022
Next filing: 30 Dec 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		+228	+0.93%		24,659	23 Nov 2022	Direct	F1, F2, F3
transaction	CTSH	Class A Common Stock	Tax liability	$6,423	-107	-0.43%	$60.03	24,552	23 Nov 2022	Direct	F3, 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	-228	-25%	$0.000000	686	23 Nov 2022	Class A Common Stock	228		Direct	F2, F5

* 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 2/3rds of 1/8th of the restricted stock unit ("RSU") award granted on February 23, 2021.
F2	Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	As noted in the original Form 4 filed on November 28, 2022, the reporting person transferred shares to her ex-spouse pursuant to a domestic relations order. The number of shares so transferred to the reporting person's ex-spouse was actually 17,525 shares. This Form 4/A is being filed solely to correct the inadvertent error in reporting (1) the number of shares so transferred and (2) the amount of securities beneficially owned by the reporting person since the reporting person no longer reports as beneficially owned any Company securities owned by her ex-spouse. No other information on the original Form 4 has been updated.
F4	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5	A total of 2,744 RSUs were granted on February 23, 2021 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting vest in quarterly installments over three years, commencing on May 23, 2021, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rd 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 23, 2024).