Jatin P. Dalal - 01 Jun 2024 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role: Chief Financial Officer
Signature: /s/ Carrie P. Ryan, on behalf of Jatin P. Dalal, by Power of Attorney
Issuer symbol: CTSH
Transactions as of: 01 Jun 2024
Net transactions value: -$71,640
Form type: 4
Filing time: 04 Jun 2024, 16:49:00 UTC
Previous filing: 06 Mar 2024
Next filing: 06 Jun 2024
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		+1,964	+36%		7,443	01 Jun 2024	Direct	F1, F2
transaction	CTSH	Class A Common Stock	Tax liability	$71,640	-1,083	-15%	$66.15	6,360	03 Jun 2024	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	-1,964	-8.3%	$0.000000	21,608	01 Jun 2024	Class A Common Stock	1,964		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 1/12th of the restricted stock unit ("RSU") award granted on February 28, 2024.
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	A total of 23,572 RSUs were originally granted on February 28, 2024, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2024, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).