Surya Gummadi - 15 Feb 2025 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Signature
/s/ Kelli Arman, on behalf of Surya Gummadi, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
15 Feb 2025
Net transactions value
-$130,699
Form type
4
Filing time
19 Feb 2025, 17:03:55 UTC
Previous filing
03 Jan 2025
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +2,085 +5.7% 38,773 15 Feb 2025 Direct F1, F2
transaction CTSH Class A Common Stock Options Exercise +36 +0.09% 38,809 15 Feb 2025 Direct F2, F3
transaction CTSH Class A Common Stock Tax liability $68,297 -753 -1.9% $90.70 38,056 15 Feb 2025 Direct F4
transaction CTSH Class A Common Stock Options Exercise +754 +2% 38,810 16 Feb 2025 Direct F2, F5
transaction CTSH Class A Common Stock Options Exercise +1,256 +3.2% 40,066 16 Feb 2025 Direct F2, F6
transaction CTSH Class A Common Stock Tax liability $62,402 -688 -1.7% $90.70 39,378 16 Feb 2025 Direct F4

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 -2,085 -25% $0.000000 6,254 15 Feb 2025 Class A Common Stock 2,085 Direct F2, F7
transaction CTSH Restricted Stock Units Options Exercise $0 -36 -100% $0.000000 0 15 Feb 2025 Class A Common Stock 36 Direct F2, F8
transaction CTSH Restricted Stock Units Options Exercise $0 -754 -20% $0.000000 3,014 16 Feb 2025 Class A Common Stock 754 Direct F2, F9
transaction CTSH Restricted Stock Units Options Exercise $0 -1,256 -33% $0.000000 2,514 16 Feb 2025 Class A Common Stock 1,256 Direct F2, F10
* 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 November 15, 2022.
F2 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 Shares of Class A Common Stock of the Company received from the fully vested RSU award granted on November 15, 2022.
F4 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5 Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 16, 2023.
F6 Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/8th of the RSU award granted on February 16, 2023.
F7 A total of 25,016 RSUs were originally granted on November 15, 2022, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on February 15, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (November 15, 2025).
F8 A total of 544 RSUs were originally granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in nine successive quarterly installments, commencing on February 15, 2023, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs were fully vested on February 15, 2025.
F9 A total of 9,041 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (February 16, 2026).
F10 A total of 15,069 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 16, 2026).