Lawrence F. Solomon - 27 Feb 2024 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role: SVP & Chief People Officer
Signature: /s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol: EPAM
Transactions as of: 27 Feb 2024
Net transactions value: -$1,034,583
Form type: 4
Filing time: 28 Feb 2024, 16:21:49 UTC
Previous filing: 09 Jan 2024
Next filing: 19 Mar 2024
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	$602,517	+5,350	+44%	$112.62	17,467	27 Feb 2024	Direct
transaction	EPAM	EPAM Common Stock	Sale	$1,637,100	-5,350	-31%	$306.00	12,117	27 Feb 2024	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	-5,350	-62%	$0.000000	3,299	27 Feb 2024	EPAM Common Stock	5,350	$112.62	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 grant on each of March 23, 2019, 2020, 2021 and 2022.