Viktar Dvorkin - 31 Dec 2023 Form 5 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
31 Dec 2023
Transactions value $
$15,024
Form type
5
Filing time
09 Jan 2024, 16:21:23 UTC
Previous filing
04 Apr 2023
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 Award $7,442 +31 +0.3% $240.07 10,292 30 Apr 2023 Direct F1, F2
transaction EPAM EPAM Common Stock Award $7,582 +41 +0.4% $184.93 10,333 31 Oct 2023 Direct F3, F4
holding EPAM EPAM Common Stock 15,737 31 Dec 2023 Dvorkin Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares in column 4 also includes a de minimis adjustment of 0.24 shares due to the rounding of fractional shares.
F2 The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 1, 2022 through April 30, 2023 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.
F3 The number of shares in column 4 also includes a de minimis adjustment of 0.445 shares due to the rounding of fractional shares.
F4 The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of May 1, 2023 through October 31, 2023 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.