Kathryn Diaz - 06 Sep 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: EVP, Chief People Officer
Signature: /s/ Carrie P. Ryan, on behalf of Kathryn Diaz, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 06 Sep 2023
Transactions value $: $0
Form type: 4
Filing time: 08 Sep 2023, 17:22:11 UTC
Previous filing: 06 Sep 2023
Next filing: 03 Oct 2023
SEC: View on sec.gov

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	+8,415		$0.000000	8,415	06 Sep 2023	Class A Common Stock	8,415		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
F2	A total of 8,415 RSUs were granted on September 6, 2023 under the Company's 2023 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on December 6, 2023, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (March 6, 2026).

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").

A total of 8,415 RSUs were granted on September 6, 2023 under the Company's 2023 Incentive Award Plan and will vest in 10 successive quarterly installments, commencing on December 6, 2023, with (i) 1/6th of the RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of the RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/6th of the RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs vesting on the tenth vesting date (March 6, 2026).