Anil Doradla - Oct 21, 2024 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/Anil Doradla
Stock symbol: GDYN
Transactions as of: Oct 21, 2024
Transactions value $: $0
Form type: 4
Date filed: 10/23/2024, 04:15 PM
Previous filing: Oct 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDYN	Common Stock	Award	$0	+20K	+5.51%	$0.00	383K	Oct 21, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-third of the RSUs shall vest on October 28, 2025 and one-twelfth of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.