Balazs Fejes - Dec 31, 2023 Form 5 Insider Report for EPAM Systems, Inc. (EPAM)

Role
EVP/Co-Head of Global Business
Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Stock symbol
EPAM
Transactions as of
Dec 31, 2023
Transactions value $
$15,024
Form type
5
Date filed
1/9/2024, 04:46 PM
Previous filing
Apr 4, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Award $7.44K +31 +0.19% $240.07 16.8K Apr 30, 2023 Direct F1, F2
transaction EPAM EPAM Common Stock Award $7.58K +41 +0.24% $184.93 16.8K Oct 31, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares in column 4 also includes a de minimis adjustment of 0.24 shares due to the rounding of fractional shares.
F2 The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 1, 2022 through April 30, 2023 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.
F3 The number of shares in column 4 also includes a de minimis adjustment of 0.445 shares due to the rounding of fractional shares.
F4 The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of May 1, 2023 through October 31, 2023 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.