EPAM Systems, Inc. — Director's Dealing 2015

Mar 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2015-03-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-23	EPAM Common Stock	A	4000	—	Acquired	8000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-23	Employee Stock Option (right to buy)	$61.38	A	20000	Acquired	2025-03-23	EPAM Common Stock (20000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
EPAM Common Stock	109669	Indirect

Footnotes

F1: Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 23, 2016, 2017, 2018 and 2019.

F2: The option will become exercisable as to 25% of the shares on each of March 23, 2016, 2017, 2018 and 2019.