Lawrence F. Solomon - May 25, 2021 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Stock symbol
EPAM
Transactions as of
May 25, 2021
Transactions value $
-$3,286,732
Form type
4
Date filed
5/26/2021, 04:02 PM
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Options Exercise $186K +2.88K +37.04% $64.63 10.7K May 25, 2021 Direct
transaction EPAM EPAM Common Stock Options Exercise $375K +5.12K +48.03% $73.27 15.8K May 25, 2021 Direct
transaction EPAM EPAM Common Stock Sale -$3.85M -8K -50.7% $481.00 7.78K May 25, 2021 Direct

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 -2.88K -100% $0.00* 0 May 25, 2021 EPAM Common Stock 2.88K $64.63 Direct F1
transaction EPAM Employee Stock Option (right to buy) Options Exercise $0 -5.12K -43.1% $0.00 6.76K May 25, 2021 EPAM Common Stock 5.12K $73.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option became exercisable as to 25% of the grant on each of October 17, 2017, 2018, 2019 and 2020.
F2 The option became exercisable as to 25% of the grant on each of March 24, 2018, 2019, 2020 and 2021.