Kathryn Diaz - 23 May 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: SVP & Interim Chief People Off
Signature: /s/ Carrie P. Ryan, on behalf of Kathryn Diaz, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 23 May 2023
Transactions value $: $-4,937
Form type: 4
Filing time: 25 May 2023, 16:31:34 UTC
Previous filing: 19 May 2023
Next filing: 05 Jun 2023
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		+229	+4.91%		4,896	23 May 2023	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$-4,937	-78	-1.59%	$63.30	4,818	23 May 2023	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	-229	-25%	$0.000000	686	23 May 2023	Class A Common Stock	229		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 1/12th 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	Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4	A total of 2,744 restricted stock units ("RSUs") were originally granted on February 23, 2021, under the Cognizant Technology Solutions Corporation (the "Company") 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 23, 2021, with 1/12th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the twelfth quarterly vesting date (February 23, 2024).