Abraham Schot - 30 Nov 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Director
Signature
/s/ Carrie P. Ryan, on behalf of Abraham Schot, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
30 Nov 2023
Net transactions value
$0
Form type
4
Filing time
04 Dec 2023, 16:43:20 UTC
Previous filing
08 Jun 2023
Next filing
12 Dec 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 +3 +0.41% $0.000000 621 30 Nov 2023 Class A Common Stock 3 Direct F1, F2, F3
transaction CTSH Restricted Stock Units Award $0 +15 +0.41% $0.000000 3,553 30 Nov 2023 Class A Common Stock 15 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Board of Directors (the "Board") of Cognizant Technology Solutions Corporation (the "Company") has determined that all dividend equivalent rights on outstanding and any future restricted stock units (including deferred stock units and restricted stock units with deferred and non-deferred settlement) granted to current and future non-employee members of the Board that relate to ordinary cash dividends with a record date on or after September 7, 2023 shall be credited in the form of additional restricted stock units that are subject to the same terms (including vesting and settlement) as the restricted stock units to which they relate.
F2 Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company.
F3 The restricted stock units will vest fully on April 3, 2024.
F4 The restricted stock units will vest fully on June 6, 2024.