EPAM Systems, Inc. — Director's Dealing 2013

Mar 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2013-03-26

Reporting Person: Cantor Ilya (Sr. VP, CFO, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-26	Common Stock	M	8000	$2.76	Acquired	28000	Direct
2013-03-26	Common Stock	S	8000	$23.00	Disposed	20000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-26	Employee Stock Option (right to buy)	$2.76	M	8000	Disposed	2017-02-22	Common Stock (8000)	Direct

Footnotes

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

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