EPAM Systems, Inc. — Director's Dealing 2012

Feb 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2012-02-07

Reporting Person: Cantor Ilya (Vice President, CEO, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-07	Common Stock	M	17656	$1.52	Acquired	17656	Direct
2012-02-07	Common Stock	F	2236	$12.00	Disposed	15420	Direct
2012-02-07	Common Stock	S	15420	$12.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-07	Employee Stock Option (right to buy)	$1.52	M	17656	Disposed	2016-01-20	Common Stock (17656)	Direct