Stan Klimoff - 03 May 2022 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Strategy Officer
Signature
/s/ Anil Doradla, by power of attorney
Issuer symbol
GDYN
Transactions as of
03 May 2022
Net transactions value
-$34,572
Form type
4
Filing time
05 May 2022, 21:23:00 UTC
Previous filing
15 Mar 2022
Next filing
15 Jun 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 +104,003 +54% $0.000000 297,250 03 May 2022 Direct F1
transaction GDYN Common Stock Tax liability $34,572 -2,279 -0.77% $15.17 294,971 04 May 2022 Direct F2
holding GDYN Common Stock 72,084 03 May 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-half of the RSUs shall vest on May 3, 2023 and one-eighth of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of RSUs.
F3 The shares are held of record by the O. Fox Charitable Trust for which the Reporting Person serves as trustee.