Balu Ganesh Ayyar - 01 Jun 2023 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: 01 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Jun 2023, 16:58:13 UTC
Previous filing: 18 May 2023
Next filing: 17 Aug 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		+193	+0.34%		56,415	01 Jun 2023	Direct	F1, F2

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	-193	-17%	$0.000000	971	01 Jun 2023	Class A Common Stock	193		Direct	F2, F3

* 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 March 1, 2022.
F2	Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3	A total of 2,331 RSUs were originally granted on March 1, 2022, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 12 successive quarterly installments, commencing on June 1, 2022, with (i) 1/8th of such RSUs vesting on the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the four successive 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 the RSUs vesting on the twelfth vesting date (March 1, 2025).