Leonard Livschitz - 25 Feb 2022 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
25 Feb 2022
Net transactions value
-$542,373
Form type
4
Filing time
01 Mar 2022, 16:54:40 UTC
Previous filing
14 Dec 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $0 +69,983 +2.6% $0.000000 2,725,216 25 Feb 2022 Direct F1
transaction GDYN Common Stock Tax liability $542,373 -36,846 -1.4% $14.72 2,688,370 25 Feb 2022 Direct F2
* 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 Board of Directors of the Issuer that the performance conditions were met with respect to a portion of the 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.