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

Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol
EPAM
Transactions as of
25 May 2021
Net transactions value
-$3,286,732
Form type
4
Filing time
26 May 2021, 16:02:02 UTC
Next filing
13 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Options Exercise $186,199 +2,881 +37% $64.63 10,659 25 May 2021 Direct
transaction EPAM EPAM Common Stock Options Exercise $375,069 +5,119 +48% $73.27 15,778 25 May 2021 Direct
transaction EPAM EPAM Common Stock Sale $3,848,000 -8,000 -51% $481.00 7,778 25 May 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 -2,881 -100% $0.000000* 0 25 May 2021 EPAM Common Stock 2,881 $64.63 Direct F1
transaction EPAM Employee Stock Option (right to buy) Options Exercise $0 -5,119 -43% $0.000000 6,759 25 May 2021 EPAM Common Stock 5,119 $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.