EPAM Systems, Inc. — Director's Dealing 2018

May 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2018-05-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-11	EPAM Common Stock	S	720	$129.7628	Disposed	10627	Direct
2018-05-11	EPAM Common Stock	M	1200	$74.44	Acquired	11827	Direct
2018-05-11	EPAM Common Stock	S	1200	$129.7864	Disposed	10627	Direct
2018-05-11	EPAM Common Stock	M	1200	$74.44	Acquired	11827	Direct
2018-05-11	EPAM Common Stock	S	1200	$129.7908	Disposed	10627	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-11	Employee Stock Option (right to buy)	$74.44	M	1200	Disposed	2027-04-05	EPAM Common Stock (1200.0)	Direct
2018-05-11	Employee Stock Option (right to buy)	$74.44	M	1200	Disposed	2027-04-05	EPAM Common Stock (1200.0)	Direct

Footnotes

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

F2: The option became exercisable as to 25% of the shares on April 5, 2018 and will become exercisable as to 25% on each of April 5, 2019, 2020 and 2021.