Jason D. Peterson - 20 May 2021 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role: Chief Financial Officer
Signature: /s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol: EPAM
Transactions as of: 20 May 2021
Net transactions value: -$380,560
Form type: 4
Filing time: 24 May 2021, 16:04:51 UTC
Previous filing: 14 May 2021
Next filing: 03 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPAM	EPAM Common Stock	Options Exercise	$74,440	+1,000	+10%	$74.44	10,580	20 May 2021	Direct
transaction	EPAM	EPAM Common Stock	Sale	$455,000	-1,000	-9.5%	$455.00	9,580	20 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	-1,000	-14%	$0.000000	6,357	20 May 2021	EPAM Common Stock	1,000	$74.44	Direct	F1

* 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 shares on each of April 5, 2018, 2019, 2020, and 2021.