# EDGAR Filing Document

**Accession Number:** 0001872870
**File Stem:** 0001058290-23-000015
**Filing Date:** 2023-1
**Character Count:** 7490
**Document Hash:** 857d1b9e9c59e1d2a8c16f30b15e6441
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001058290-23-000015.hdr.sgml**: 20230117

**ACCESSION NUMBER**: 0001058290-23-000015

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230112

**FILED AS OF DATE**: 20230117

**DATE AS OF CHANGE**: 20230117

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Singisetti Ravi Kumar
- **CENTRAL INDEX KEY:** 0001872870

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-24429
- **FILM NUMBER:** 23532142

**MAIL ADDRESS:**
- **STREET 1:** 9405 SW GEMINI DRIVE
- **CITY:** BEAVERTON
- **STATE:** OR
- **ZIP:** 97008
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COGNIZANT TECHNOLOGY SOLUTIONS CORP
- **CENTRAL INDEX KEY:** 0001058290
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **IRS NUMBER:** 133728359
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 300 FRANK W. BURR BLVD., STE. 36, 6 FL.
- **CITY:** TEANECK
- **STATE:** NJ
- **ZIP:** 07666
- **BUSINESS PHONE:** 2018010233

**MAIL ADDRESS:**
- **STREET 1:** 300 FRANK W. BURR BLVD., STE. 36, 6 FL.
- **CITY:** TEANECK
- **STATE:** NJ
- **ZIP:** 07666

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Singisetti Ravi Kumar<br><sub>(Last) (First) (Middle)</sub><br>C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.<br>300 FRANK W. BURR BLVD., STE. 36, 6 FL<br><sub>(Street)</sub><br>TEANECK, NJ 07666<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-12 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Executive Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>COGNIZANT TECHNOLOGY SOLUTIONS CORP [ CTSH ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(1)</sup> | 2023-01-12 |  | A |  | 76804 |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 76804.0 | $0 | 76804 | D |  |
| Performance Stock Units | <sup>(3)</sup> | 2023-01-12 |  | A |  | 115205 |  | <sup>(4)</sup> | <sup>(4)</sup> | Class A Common Stock | 115205.0 | $0 | 115205 | D |  |

---

### Footnotes:

(1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").

(2) A total of 76,804 RSUs were granted on January 12, 2023 under the Company's 2017 Incentive Award Plan (the "Plan") and will vest in four successive quarterly installments, commencing on April 12, 2023, with 1/4th of such RSUs vesting on each quarterly vesting date so that the RSUs will be fully vested on the fourth quarterly vesting date (January 12, 2024).

(3) Each performance-based stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A Common Stock.

(4) Represents the maximum number of shares, and 250% of the target, issuable under the performance stock units ("PSUs") granted on January 12, 2023 under the Plan. At target payout, 46,082 shares would be issuable under the PSUs. The award will be payable based on absolute total stockholder return (measured as a compound annual growth rate) of the Company's common stock over the four years starting on January 12, 2023 (with share price adjustment downwards to account for dividends) (the "Stock Price CAGR"), as follows: 50% of the target will be issued if Stock Price CAGR is +10% (the "threshold level"); 100% of the target will be issued if Stock Price CAGR is +15%; 200% of the target will be issued if Stock Price CAGR is +17%; 250% of the target will be issued if Stock Price CAGR is +20% . The shares, if any, will vest on January 12, 2027. No shares will be granted below the threshold level, and the amount of shares granted between targets will be determined by linear interpolation.

**Signature:** /s/ Carrie P. Ryan, on behalf of Ravi Kumar Singisetti, by Power of Attorney  
**Date:** 2023-01-17

### Remarks:

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 Number.**