Leonard Livschitz - 17 May 2021 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Executive Officer, Director
Signature
/s/ Anil Doradla, by power of attorney
Issuer symbol
GDYN
Transactions as of
17 May 2021
Net transactions value
-$1,357,317
Form type
4
Filing time
19 May 2021, 18:32:57 UTC
Next filing
15 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Options Exercise $297,218 +83,960 +5.4% $3.54 1,640,723 17 May 2021 Direct
transaction GDYN Common Stock Options Exercise $410,782 +116,040 +7.1% $3.54 1,756,763 17 May 2021 Direct
transaction GDYN Common Stock Tax liability $2,065,317 -125,704 -7.2% $16.43 1,631,059 17 May 2021 Direct F1

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 GDYN Stock Option (right to buy) Options Exercise $0 -83,960 -29% $0.000000 206,781 17 May 2021 Common Stock 83,960 $3.54 Direct F2
transaction GDYN Stock Option (right to buy) Options Exercise $0 -116,040 -100% $0.000000* 0 17 May 2021 Common Stock 116,040 $3.54 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to pay the exercise price and taxes pursuant to the "net exercise" of an aggregate of 200,000 option shares.
F2 The shares subject to the option are fully vested and immediately exercisable.