Yury Gryzlov - Feb 13, 2025 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Signature
/s/ Anil Doradla, by power of attorney
Stock symbol
GDYN
Transactions as of
Feb 13, 2025
Transactions value $
-$385,263
Form type
4
Date filed
2/18/2025, 08:52 PM
Previous filing
Jan 6, 2025
Next filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $0 +66.6K +16.08% $0.00 481K Feb 13, 2025 Direct F1
transaction GDYN Common Stock Tax liability -$385K -17.5K -3.64% $22.01 463K Feb 18, 2025 Direct F2
transaction GDYN Common Stock Award $0 +30K +6.48% $0.00 493K Feb 14, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on January 1, 2024.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the issuance of shares pursuant to performance share awards granted to the Reporting Person on January 1, 2024.
F3 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-third of the RSUs shall vest on February 14, 2026 and one-twelfth of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.