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EPAM Systems, Inc. Director's Dealing 2017

May 11, 2017

30697_dirs_2017-05-10_d20c982b-4b1f-4d33-9243-fbc5bd3ae4e0.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: 2017-05-10

Reporting Person: Peterson Jason D. (Chief Financial Officer)

Holdings (Non-Derivative)

Security Shares Ownership
EPAM Common Stock 8733 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $74.44 2027-04-05 EPAM Common Stock (25432.0) Direct

Footnotes

F1: Represents (a) an award of 4,031 restricted stock units that are scheduled to vest as to 25% of the shares on each of April 5, 2018, 2019, 2020 and 2021; and (b) an award of 4,702 restricted stock units that are scheduled to vest as to 25% of the shares on each of April 5, 2018, 2019, 2020 and 2021; in each case subject to the terms of the Issuer's 2015 Long Term Incentive Plan and the applicable award agreement.

F2: Options representing the right to purchase a total of 25,432 shares, will become exercisable as to 25% of the underlying shares on each of April 5, 2018, 2019, 2020 and 2021.