FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Gummadi Surya
2. Issuer Name and Ticker or Trading Symbol

COGNIZANT TECHNOLOGY SOLUTIONS CORP [ CTSH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP & Interim Americas Lead
(Last)          (First)          (Middle)

C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE 36, 6 FL
3. Date of Earliest Transaction (MM/DD/YYYY)

7/1/2022
(Street)

TEANECK, NJ 07666
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 7/1/2022  M  102 (1)A (2)1646 D  
Class A Common Stock 7/1/2022  M  60 (3)A (2)1706 D  
Class A Common Stock 7/1/2022  F  53 (4)D$68.03 1653 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (2)7/1/2022  M     102   (5) (5)Class A Common Stock 102.0 $0 103 D  
Restricted Stock Units  (2)7/1/2022  M     60   (6) (6)Class A Common Stock 60.0 $0 120 D  

Explanation of Responses:
(1) 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 September 16, 2019.
(2) Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
(3) Shares of Class A Common Stock of the Company received from the vesting of 1/3rd of 1/5th of the RSU award granted on September 13, 2020.
(4) Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
(5) A total of 1,225 RSUs were originally granted on September 16, 2019 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on January 1, 2020, 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 (October 1, 2022).
(6) A total of 902 RSUs were originally granted on September 13, 2020 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in 9 successive quarterly installments, commencing on January 1, 2021, 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 vesting on the ninth vesting date (January 13, 2023).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Gummadi Surya
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE 36, 6 FL
TEANECK, NJ 07666


SVP & Interim Americas Lead

Signatures
/s/ Carrie P. Ryan, on behalf of Surya Gummadi, by Power of Attorney7/6/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Cognizant Technology Sol... (NASDAQ:CTSH)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Cognizant Technology Sol... Charts.
Cognizant Technology Sol... (NASDAQ:CTSH)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Cognizant Technology Sol... Charts.