Zein Abdalla - 07 Jun 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Director
Signature
/s/ Carrie P. Ryan, on behalf of Zein Abdalla, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
07 Jun 2023
Net transactions value
-$51,019
Form type
4
Filing time
09 Jun 2023, 16:38:04 UTC
Previous filing
08 Jun 2023
Next filing
04 Dec 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 +2,834 +21% 16,390 07 Jun 2023 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability $51,019 -815 -5% $62.60 15,575 07 Jun 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 -2,834 -100% $0.000000* 0 07 Jun 2023 Class A Common Stock 2,834 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 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 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4 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.