EPAM Systems, Inc. — Director's Dealing 2012

Feb 7, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

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

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

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$1.52	2016-01-20	Common Stock (112000)		Direct
Employee Stock Option (right to buy)	$2.76	2017-02-22	Common Stock (96000)		Direct
Employee Stock Option (right to buy)	$6.88	2020-08-13	Common Stock (107152)		Direct

Footnotes

F1: The option became exercisable as to 28,000 shares on each of January 20, 2007, 2008, 2009 and 2010.

F2: The option became exercisable as to 24,000 shares on each of February 13, 2008, 2009, 2010 and 2011.

F3: The option became exercisable as to 25% of the shares on each of January 1, 2011 and 2012 and will become exercisable as to 25% of the shares on each of January 1, 2013 and 2014.