Yury Gryzlov - 10 Dec 2021 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Operating Officer
Signature
/s/ Anil Doradla, by power of attorney
Issuer symbol
GDYN
Transactions as of
10 Dec 2021
Transactions value $
-$1,812,755
Form type
4
Filing time
14 Dec 2021, 15:43:51 UTC
Previous filing
08 Nov 2021
Next filing
08 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $0 +80.9K +40.74% $0.00 280K 10 Dec 2021 Direct F1
transaction GDYN Common Stock Tax liability -$1.65M -42.6K -15.24% $38.82 237K 10 Dec 2021 Direct F2
transaction GDYN Common Stock Tax liability -$159K -4.26K -1.8% $37.22 233K 13 Dec 2021 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 Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to a portion of the performance share awards granted to the Reporting Person on March 2, 2021.
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 March 2, 2021.
F3 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units.