ERIC BENHAMOU - 22 Dec 2022 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Director
Signature
/s/ Anil Doradla, by power of attorney
Issuer symbol
GDYN
Transactions as of
22 Dec 2022
Net transactions value
$0
Form type
4
Filing time
27 Dec 2022, 16:52:52 UTC
Previous filing
04 May 2022
Next filing
26 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $0 +6,811 +10% $0.000000 72,646 22 Dec 2022 Direct F1, F2
holding GDYN Common Stock 200,000 22 Dec 2022 See footnote F2, F3
holding GDYN Common Stock 23,500 22 Dec 2022 See footnote F4
* 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. 100% of the RSUs shall vest on December 22, 2023, subject to the Reporting Person continuing as a service provider through such date.
F2 On February 22, 2022, 200,000 shares were transferred from the Reporting Person to the Eric Benhamou Grantor Retained Annuity Trust, for which the Reporting Person serves as trustee (the "GRAT"). The total shares beneficially owned reflect such transfer.
F3 The shares are held by the GRAT.
F4 The shares are held by The Eric Benhamou Living Trust, for which the Reporting Person serves as trustee.