Boris Shnayder - Feb 25, 2019 Form 4/A - Amendment Insider Report for EPAM Systems, Inc. (EPAM)

Role
SVP/Co-Head of Global Business
Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Stock symbol
EPAM
Transactions as of
Feb 25, 2019
Transactions value $
-$1,286,850
Form type
4/A - Amendment
Date filed
5/18/2021, 04:44 PM
Date Of Original Report
Feb 25, 2019
Next filing
May 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Options Exercise $1.11M +15K +66.64% $74.11 37.5K Feb 25, 2019 Direct
transaction EPAM EPAM Common Stock Sale -$2.4M -15K -39.99% $159.90* 22.5K Feb 25, 2019 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EPAM Employee Stock Option (right to buy) Options Exercise $0 -15K -25% $0.00 45K Feb 25, 2019 EPAM Common Stock 15K $74.11 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.00 to $160.14, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to the Form 4.
F2 The option, representing a right to purchase 60,000 shares, became exercisable as to 25% of the shares on each of July 31, 2016, 2017, 2018 and 2019.
F3 The Form 4 filed on February 25, 2019, and the subsequent Forms 4 relating to the same derivative securities filed on May 14, 2020, May 27, 2020, May 29, 2020, September 1, 2020, November 12, 2020, and December 17, 2020 incorrectly reported the number of derivative securities beneficially owned by the Reporting Person following the transactions reported on each of those Forms 4, respectively.