Jason D. Peterson - 13 Aug 2021 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role: Chief Financial Officer
Signature: /s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol: EPAM
Transactions as of: 13 Aug 2021
Net transactions value: -$318,529
Form type: 4
Filing time: 16 Aug 2021, 16:50:37 UTC
Previous filing: 12 Aug 2021
Next filing: 15 Nov 2021
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	$72,415	+643	+6.7%	$112.62	10,223	13 Aug 2021	Direct
transaction	EPAM	EPAM Common Stock	Sale	$390,944	-643	-6.3%	$608.00	9,580	13 Aug 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	-643	-15%	$0.000000	3,681	13 Aug 2021	EPAM Common Stock	643	$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 shares on each of March 23, 2019, 2020 and 2021, and will become exercisable as to 25% of the shares on March 23, 2022.