Gary C. Abrahams - 09 Dec 2021 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol
EPAM
Transactions as of
09 Dec 2021
Net transactions value
-$83,330
Form type
4
Filing time
13 Dec 2021, 15:35:42 UTC
Previous filing
26 May 2021
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Options Exercise $13,361 +79 +4.7% $169.13 1,766 09 Dec 2021 Direct
transaction EPAM EPAM Common Stock Options Exercise $13,667 +78 +4.4% $175.22 1,844 09 Dec 2021 Direct
transaction EPAM EPAM Common Stock Sale $110,358 -157 -8.5% $702.92 1,687 09 Dec 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 -79 -50% $0.000000 79 09 Dec 2021 EPAM Common Stock 79 $169.13 Direct F1
transaction EPAM Employee Stock Option (right to buy) Options Exercise $0 -78 -25% $0.000000 233 09 Dec 2021 EPAM Common Stock 78 $175.22 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 shares on each of March 29, 2020 and 2021, and will become exercisable on each of March 29, 2022 and 2023.
F2 The option became exercisable as to 25% of the shares on March 27, 2021 and will become exercisable on each of March 27, 2022, 2023 and 2024.