EPAM Systems, Inc. — Director's Dealing 2019

May 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2019-05-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-21	EPAM Common Stock	G	35	—	Disposed	12004	Direct
2019-05-22	EPAM Common Stock	M	1000	$74.44	Acquired	13004	Direct
2019-05-22	EPAM Common Stock	S	1000	$171.50	Disposed	12004	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-22	Employee Stock Option (right to buy)	$74.44	M	1000	Acquired	2027-04-05	EPAM Common Stock (1000.0)	Direct

Footnotes

F1: The reported transaction involves a transfer of securities by bona fide gift for which no payment of consideration was received by the reporting person.

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