Leonard Livschitz - 09 Aug 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
09 Aug 2021
Net transactions value
-$2,252,526
Form type
4
Filing time
11 Aug 2021, 19:37:17 UTC
Previous filing
15 Jun 2021
Next filing
15 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Options Exercise $732,005 +206,781 +13% $3.54 1,793,976 09 Aug 2021 Direct
transaction GDYN Common Stock Tax liability $2,984,530 -123,175 -6.9% $24.23 1,670,801 09 Aug 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 -206,781 -100% $0.000000* 0 09 Aug 2021 Common Stock 206,781 $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 206,781 option shares.
F2 The shares subject to the option are fully vested and immediately exercisable.