Viktar Dvorkin - 09 Dec 2021 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role
SVP/Head of Global Delivery
Signature
/s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol
EPAM
Transactions as of
09 Dec 2021
Transactions value $
-$7,864,320
Form type
4
Filing time
13 Dec 2021, 15:37:22 UTC
Next filing
17 Mar 2022
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 $192,480 +6,000 +28% $32.08* 27,315 09 Dec 2021 Direct
transaction EPAM EPAM Common Stock Options Exercise $368,280 +6,000 +22% $61.38* 33,315 09 Dec 2021 Direct
transaction EPAM EPAM Common Stock Sale -$8,425,080 -12,000 -36% $702.09 21,315 09 Dec 2021 Direct F1

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 -6,000 -100% $0* 0 09 Dec 2021 EPAM Common Stock 6,000 $32.08 Direct F2
transaction EPAM Employee Stock Option (right to buy) Options Exercise $0 -6,000 -33% $0 12,000 09 Dec 2021 EPAM Common Stock 6,000 $61.38 Direct F3
* 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 $700 to $705.58 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 shares on each of March 31, 2015, 2016, 2017 and 2018.
F3 The option became exercisable as to 25% of the shares on each of March 23, 2016, 2017, 2018 and 2019.