Abraham Schot - 03 Apr 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
03 Apr 2023
Transactions value $
$17,859
Form type
4
Filing time
05 Apr 2023, 17:32:31 UTC
Next filing
19 May 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 Award $18,043 +294 $61.37 294 03 Apr 2023 Direct F1
transaction CTSH Class A Common Stock Tax liability $-184 -3 -1.02% $61.37 291 03 Apr 2023 Direct F2

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 +618 $0.000000 618 03 Apr 2023 Class A Common Stock 618 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person elected, pursuant to the Cognizant Technology Solutions Corporation (the "Company") Non-Employee Director Compensation Guidelines, to be paid in fully vested Class A Common Stock in lieu of the annual cash retainer to which the reporting person was entitled for serving on the Board of Directors of the Company from the date of his election to the date of the 2023 Annual Meeting of Shareholders.
F2 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's Class A Common Stock.
F4 The RSUs will vest fully on April 3, 2024.