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EPAM Systems, Inc. Director's Dealing 2018

Feb 22, 2018

30697_dirs_2018-02-22_08f88fee-2b93-4629-8a77-377f5d159fba.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: 2018-02-13

Reporting Person: Yezhkov Sergey (SVP/Co-Head of Global Business)

Holdings (Non-Derivative)

Security Shares Ownership
EPAM Common Stock 10766 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $16.8 2022-03-19 EPAM Common Stock (3250.0) Direct
Employee Stock Option (right to buy) $32.08 2024-03-31 EPAM Common Stock (15000.0) Direct
Employee Stock Option (right to buy) $23.04 2023-05-24 EPAM Common Stock (8000.0) Direct
Employee Stock Option (right to buy) $70.52 2026-03-25 EPAM Common Stock (13333.0) Direct
Employee Stock Option (right to buy) $73.27 2027-03-24 EPAM Common Stock (11878.0) Direct
Employee Stock Option (right to buy) $61.38 2025-03-23 EPAM Common Stock (18000.0) Direct

Footnotes

F1: Represents restricted stock units remaining that are scheduled to vest on the following schedule. (A) 4000 restricted stock units that vested as to 25% of the shares on each of March 31, 2015, 2016, 2017, and will vest as to 25% of the shares on March 31, 2018; (B) 4000 restricted stock units that vested as to 25% of the shares on each of March 23, 2016 and 2017 and are scheduled to vest as to 25% of the shares on March 23, 2018 and 2019; (C) 4,799 restricted stock units that vested as to 25% of the shares on March 25, 2017 and are scheduled to vest as to 25% of the shares on each of March 25, 2018, 2019, and 2020; and (D) 4,167 restricted stock units that are scheduled to vest as to 25% of the shares on each of March 24, 2018, 2019, 2020 and 2021.

F2: The option, representing a right to purchase a total of 13,000 shares, became exercisable as to 25% of the shares on each of March 19, 2013, 2014, 2015 and 2016.

F3: The option, representing a right to purchase 20,000 shares, became exercisable as to 25% of the shares on March 31, 2015, 2016 and 2017, and will become exercisable as to 25% of the shares on March 31,2018.

F4: The option, representing a right to purchase a total of 16,000 shares, became exercisable as to 25% of the shares on March 19, 2014, 2015, 2016 and 2017.

F5: The option, representing the right to purchase a total of 13,333 shares, became exercisable as to 25% of the shares on March 25, 2017, and will become exercisable as to 25% of the shares on each of March 25, 2018, 2019, and 2020.

F6: The option, representing a right to purchase 11,878 shares, will become exercisable as to 25% of the shares on each of March 24, 2018, 2019, 2020 and 2021.

F7: The option, representing a right to purchase a total of 18,000 shares, became exercisable as to 25% of the shares on each of March 23, 2016 and 2017, and will become exercisable as to 25% of the shares on each of March 23, 2018 and 2019.