Viktar Dvorkin - Aug 22, 2022 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role
SVP/Head of Global Delivery
Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Stock symbol
EPAM
Transactions as of
Aug 22, 2022
Transactions value $
-$4,937,477
Form type
4
Date filed
8/24/2022, 04:09 PM
Previous filing
May 19, 2022
Next filing
Jan 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPAM EPAM Common Stock Options Exercise $940K +13.3K +176.08% $70.52 20.9K Aug 22, 2022 Direct
transaction EPAM EPAM Common Stock Sale -$5.88M -13.3K -63.78% $440.84 7.57K Aug 22, 2022 Direct F1
holding EPAM EPAM Common Stock 15.7K Aug 22, 2022 Dvorkin Family Trust

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 -13.3K -100% $0.00* 0 Aug 22, 2022 EPAM Common Stock 13.3K $70.52 Direct F2
* 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 $436.92 to $443.47, inclusive. The reporting person undertakes to provide to 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 this Form 4.
F2 The option became exercisable as to 25% of the grant on each of March 25, 2017, 2018, 2019 and 2020.