EPAM Systems, Inc. — Director's Dealing 2019

Nov 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2019-11-18

Reporting Person: Shekhter Elaina (SVP, Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-18	EPAM Common Stock	M	4000	$23.04	Acquired	11659	Direct
2019-11-18	EPAM Common Stock	S	4000	$207.0402	Disposed	7659	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-18	Employee Stock Option (right to buy)	$23.04	M	4000	Disposed	2023-05-24	EPAM Common Stock (4000.0)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.015 to $207.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2: The option became exercisable as to 25% of the shares on each of May 24, 2014, 2015, 2016 and 2017.