Stan Klimoff - Feb 25, 2022 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Strategy Officer
Signature
/s/ Anil Doradla, by power of attorney
Stock symbol
GDYN
Transactions as of
Feb 25, 2022
Transactions value $
-$52,330
Form type
4
Date filed
3/1/2022, 04:53 PM
Previous filing
Feb 8, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $0 +6.8K +3.5% $0.00 201K Feb 25, 2022 Direct F1
transaction GDYN Common Stock Tax liability -$52.3K -3.56K -1.77% $14.72 198K Feb 25, 2022 Direct F2
holding GDYN Common Stock 72.1K Feb 25, 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of shares upon the determination of the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance share awards granted to the Reporting Person on March 2, 2021.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the issuance of shares pursuant to performance share awards granted to the Reporting Person on March 2, 2021.
F3 The shares are held of record by the O. Fox Charitable Trust for which the reporting person serves as trustee.