Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Schwartz Steven
2. Date of Event Requiring Statement (Month/Day/Year)
07/18/2007
3. Issuer Name and Ticker or Trading Symbol
COGNIZANT TECHNOLOGY SOLUTIONS CORP [CTSH]
(Last)
(First)
(Middle)
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 500 FRANK W. BURR BLVD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr VP, General Counsel & Secr.
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

TEANECK, NJ 07666
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 321
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class A Common Stock (Right to Buy) (1) 04/12/2003 04/12/2012 Class A Common Stock 27,000 $ 6.41 D  
Class A Common Stock (Right to Buy) (2) 02/05/2004 02/05/2013 Class A Common Stock 12,000 $ 10.12 D  
Class A Common Stock (Right to Buy) (3) 03/05/2004 03/05/2013 Class A Common Stock 48,000 $ 11.63 D  
Class A Common Stock (Right to Buy) (4) 09/26/2004 09/26/2013 Class A Common Stock 36,000 $ 18.1 D  
Class A Common Stock (Right to Buy) (5) 12/14/2007 12/14/2016 Class A Common Stock 20,000 $ 80.66 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schwartz Steven
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
500 FRANK W. BURR BLVD
TEANECK, NJ 07666
      Sr VP, General Counsel & Secr.  

Signatures

/s/ Steven Schwartz 07/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Such options were granted on April 12, 2002 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options were 100% vested on Arpil 12, 2006. The Date Exercisable above reflects the first anniversary date of such option.
(2) Such options were granted on February 5, 2003 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options were 100% vested on February 5, 2007. The Date Exercisable above reflects the first anniversary date of such option.
(3) Such options were granted on March 5, 2003 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options were 100% vested on March 5, 2007. The Date Exercisable above reflects the first anniversary date of such option.
(4) Such options were granted on September 26, 2003 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options have the following vesting schedule: 25% on September 26, 2004; 25% on September 26, 2005; 25% on September 26, 2006; and 25% on September 26, 2007. The Date Exercisable above reflects the first anniversary date of such option.
(5) Such options were granted on December 14, 2006 pursuant to the Company's 1999 Incentive Compensation Plan, as amended. Such options have the following vesting schedule: 25% on December 14, 2007; 25% on December 14, 2008; 25% on December 14, 2009; and 25% on December 14, 2010. The Date Exercisable above reflects the first anniversary date of such option.

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