Victoria Livshitz - 13 Jun 2021 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Signature
/s/ Anil Doradla, by power of attorney
Issuer symbol
GDYN
Transactions as of
13 Jun 2021
Net transactions value
-$67,288
Form type
4
Filing time
15 Jun 2021, 17:38:02 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Tax liability $67,288 -4,010 -1.9% $16.78 211,229 13 Jun 2021 Direct F1
holding GDYN Common Stock 627,414 13 Jun 2021 See footnote F2
holding GDYN Common Stock 269,176 13 Jun 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units.
F2 The shares are held of record by the Victoria Livschitz Charitable Trust, for which the Reporting Person serves as trustee.
F3 The shares are held of record by the Livschitz Children's Charitable Trust, for which the Reporting Person serves as trustee.