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EPAM Systems, Inc. Director's Dealing 2015

Sep 21, 2015

30697_dirs_2015-09-21_64198e09-6873-4a33-b971-7ad80b3102c8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2015-09-17

Reporting Person: Mosier Ginger (SVP, General Counsel, Corp Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-09-17 EPAM Common Stock M 387 $16.80 Acquired 5387 Direct
2015-09-18 EPAM Common Stock M 1091 $16.80 Acquired 6478 Direct
2015-09-18 EPAM Common Stock M 6500 $22.99 Acquired 12978 Direct
2015-09-18 EPAM Common Stock M 2022 $32.08 Acquired 15000 Direct
2015-09-17 EPAM Common Stock S 387 $75 Disposed 14613 Direct
2015-09-18 EPAM Common Stock S 9613 $75 Disposed 5000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-09-17 Employee Stock Option (right to buy) $16.8 M 387 Disposed 2022-03-19 EPAM Common Stock (387.0) Direct
2015-09-18 Employee Stock Option (right to buy) $16.8 M 1091 Disposed 2022-03-19 EPAM Common Stock (1091.0) Direct
2015-09-18 Employee Stock Option (right to buy) $22.99 M 6500 Disposed 2023-04-12 EPAM Common Stock (6500.0) Direct
2015-09-18 Employee Stock Option (right to buy) $32.08 M 2022 Disposed 2024-03-31 EPAM Common Stock (2022.0) Direct

Footnotes

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

F2: The option, representing a right to purchase a total of 9,100 shares, became exercisable as to 25% of the shares on each of March 19, 2013, 2014 and 2015, and will become exercisable as to 25% of the shares on March 19, 2016.

F3: The option, representing a right to purchase a total of 13,000 shares, became exercisable as to 25% of the shares on each of April 12, 2014 and 2015, and will become exercisable as to 25% of the shares on each of April 12, 2016 and 2017.

F4: The option, representing a right to purchase a total of 15,000 shares, became exercisable as to 25% of the shares on March 31, 2015, and will become exercisable as to 25% of the shares on each of March 31, 2016, 2017 and 2018.