Lloyd Carney - 14 Nov 2023 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
14 Nov 2023
Net transactions value
-$213,701
Form type
4
Filing time
16 Nov 2023, 17:48:54 UTC
Previous filing
03 May 2023
Next filing
26 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Sale $213,701 -18,400 -2.7% $11.61 659,262 14 Nov 2023 Direct F1, F2
holding GDYN Common Stock 12,542 14 Nov 2023 See footnote F3
holding GDYN Common Stock 5,200 14 Nov 2023 See footnote F4
holding GDYN Common Stock 288,800 14 Nov 2023 See footnote F5
holding GDYN Common Stock 19,675 14 Nov 2023 See footnote F6
holding GDYN Common Stock 74,345 14 Nov 2023 See footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $11.60 to $11.71. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F2 The number of shares beneficially owned has been adjusted pursuant to an internal review of the Reporting Person's holdings.
F3 The shares are held by The Lloyd A. Carney Revocable Trust dated September 25, 1995.
F4 The shares are held by The Lloyd Carney Foundation (the "Foundation"). The Foundation is a 501(c)(3) charitable organization controlled by the Reporting Person.
F5 The shares are held by the Lloyd Carney 2018 Grantor Retained Annuity Trust.
F6 The shares are held by the Lloyd Carney 2020 Grantor Retained Annuity Trust.
F7 The shares are held by the Ana M. Carney Living Trust. Ana M. Carney is the Reporting Person's spouse.