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EPAM Systems, Inc. Director's Dealing 2013

Apr 23, 2013

30697_dirs_2013-04-23_1ee6a489-e434-4487-94ee-e3f720402ffe.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2012-11-26

Reporting Person: Fejes Balazs (SVP, Global Head of FSBU)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-11-26 Common Stock S 7770 $19.92 Disposed 460809 Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F2: The sale of 2,000 shares was erroneously omitted from the reporting person's original Form 4 filed on November 28, 2012, which originally reported the sale of 5,770 shares, and, accordingly, the sale of these shares was not reflected in Column 5 of the original Form 4 and in all subsequent Forms 4 until the filing of this amendment. The total in Column 5 of this Form 4 reflects the sale of 2,000 shares as well as the sale of 22,000 shares that was previously omitted from a Form 4 filed on November 21, 2012 and that has been since included on an amendment to that Form 4 filed on April 23, 2013.

F3: The price reported in Column 4 is a recalculated weighted average price that reflects the sale of the previously omitted 2,000 shares (in addition to the 5,770 shares that have previously been reported on the original Form 4 filed on November 28, 2012). The price range remains unchanged: these shares were sold in multiple transactions at prices ranging from $19.68 to $20.00, 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 ranges set forth in this footnote to this Form 4.