Michael Patsalos-Fox - 06 Jun 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Director
Signature
/s/ Carrie P. Ryan, on behalf of Michael Patsalos-Fox, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
06 Jun 2023
Net transactions value
$0
Form type
4
Filing time
08 Jun 2023, 16:26:56 UTC
Previous filing
09 Jun 2022
Next filing
14 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 +3,509 +5.7% 64,695 07 Jun 2023 Direct F1, F2
holding CTSH Class A Common Stock 10,000 06 Jun 2023 PFOXFAMILY LLC 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 Award $0 +3,538 $0.000000 3,538 06 Jun 2023 Class A Common Stock 3,538 Direct F2, F4
transaction CTSH Restricted Stock Units Options Exercise $0 -3,509 -100% $0.000000* 0 07 Jun 2023 Class A Common Stock 3,509 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 100% of the restricted stock unit ("RSU") award granted on June 7, 2022.
F2 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 All of the membership interests of the PFOXFAMILY LLC are held by a trust for the benefit of the Reporting Person's children and for which the Reporting Person's spouse is the co-trustee.
F4 The RSUs will vest fully on June 6, 2024.
F5 The RSUs were originally granted on June 7, 2022, under the Company's 2017 Incentive Award Plan. The RSUs vested fully on June 7, 2023.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney