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EPAM Systems, Inc. Director's Dealing 2016

Sep 20, 2016

30697_dirs_2016-09-20_cf8b1ac0-9cb9-4bcd-9389-b96547323c38.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2016-09-14

Reporting Person: Shnayder Boris (SVP/Co-Head of Global Business)

Holdings (Non-Derivative)

Security Shares Ownership
EPAM Common Stock 19430 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $70.52 2026-03-25 EPAM Common Stock (12308.0) Direct
Employee Stock Option (right to buy) $74.11 2025-07-31 EPAM Common Stock (60000.0) Direct

Footnotes

F1: Represents (a) 15,000 restricted stock units that vested as to 25% of the shares on July 31, 2016 and are scheduled to vest as to 25% of the shares on each of July 31, 2017, 2018 and 2019; and (b) 4,430 restricted stock units that are scheduled to vest as to 25% of the shares on each of March 25, 2017, 2018, 2019 and 2020.

F2: The option, representing a right to purchase 12,308 shares, will become exercisable as to 25% of the shares on each of March 25, 2017, 2018, 2019 and 2020.

F3: The option, representing a right to purchase 60,000 shares, became exercisable as to 25% of the shares on July 31, 2016, and will become exercisable as to 25% of the shares on each of July 31, 2017, 2018 and 2019.