Anil Doradla - 20 Feb 2024 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Signature
/s/ Anil Doradla
Issuer symbol
GDYN
Transactions as of
20 Feb 2024
Net transactions value
+$409,287
Form type
4
Filing time
22 Feb 2024, 17:17:11 UTC
Previous filing
06 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $745,174 +55,035 +15% $13.54 424,375 20 Feb 2024 Direct F1
transaction GDYN Common Stock Tax liability $335,887 -24,807 -5.8% $13.54 399,568 20 Feb 2024 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 February 21, 2023.
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 February 21, 2023.