Yury Gryzlov - 21 Feb 2023 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Operating Officer
Signature
/s/ Anil Doradla, by power of attorney
Issuer symbol
GDYN
Transactions as of
21 Feb 2023
Net transactions value
-$404,658
Form type
4
Filing time
23 Feb 2023, 20:54:16 UTC
Previous filing
07 Feb 2023
Next filing
15 Mar 2023
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 +82,880 +27% $0.000000 394,929 21 Feb 2023 Direct F1
transaction GDYN Common Stock Tax liability $404,658 -33,806 -8.6% $11.97 361,123 21 Feb 2023 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 the performance share awards granted to the Reporting Person on January 3, 2022.
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 January 3, 2022.