EPAM Systems, Inc. — Director's Dealing 2019

Feb 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2019-02-25

Reporting Person: Shnayder Boris (SVP/Co-Head of Global Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-25	EPAM Common Stock	M	15000	$74.11	Acquired	37508	Direct
2019-02-25	EPAM Common Stock	S	15000	$159.90	Disposed	22508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-25	Employee Stock Option (right to buy)	$74.11	M	15000	Acquired	2025-07-31	EPAM Common Stock (15000.0)	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 $159.00 to $160.14, inclusive. The reporting person undertakes to provide 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 the Form 4.

F2: The option, representing a right to purchase 60,000 shares, became exercisable as to 25% of the shares on each of July 31, 2016, 2017, 2018 and 2019.