Leonard Livschitz - 10 Nov 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
10 Nov 2021
Net transactions value
-$9,853,163
Form type
4
Filing time
12 Nov 2021, 18:36:59 UTC
Previous filing
15 Sep 2021
Next filing
18 Nov 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 $2,048,520 +578,678 +36% $3.54 2,205,616 10 Nov 2021 Direct
transaction GDYN Common Stock Tax liability $11,901,683 -331,708 -15% $35.88 1,873,908 10 Nov 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 -578,678 -37% $0.000000 1,000,000 10 Nov 2021 Common Stock 578,678 $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 578,678 option shares.
F2 The shares subject to the option are fully vested and immediately exercisable.