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EPAM Systems, Inc. — Director's Dealing 2020
Nov 23, 2020
30697_dirs_2020-11-23_a86a7378-ac55-47e6-b26a-611d0091335a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2020-11-20
Reporting Person: Peterson Jason D. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-20 | EPAM Common Stock | M | 2000 | $74.44 | Acquired | 13557 | Direct |
| 2020-11-20 | EPAM Common Stock | S | 1000 | $336.01 | Disposed | 12557 | Direct |
| 2020-11-20 | EPAM Common Stock | S | 1000 | $336.50 | Disposed | 11557 | Direct |
| 2020-11-23 | EPAM Common Stock | M | 659 | $74.44 | Acquired | 12216 | Direct |
| 2020-11-20 | EPAM Common Stock | M | 141 | $112.62 | Acquired | 12357 | Direct |
| 2020-11-23 | EPAM Common Stock | S | 800 | $345 | Disposed | 11557 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-20 | Employee Stock Option (right to buy) | $74.44 | M | 2000 | Disposed | 2027-04-05 | EPAM Common Stock (2000.0) | Direct |
| 2020-11-23 | Employee Stock Option (right to buy) | $74.44 | M | 659 | Disposed | 2027-04-05 | EPAM Common Stock (659.0) | Direct |
| 2020-11-23 | Employee Stock Option (right to buy) | $112.62 | M | 141 | Disposed | 2028-03-23 | EPAM Common Stock (141.0) | 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 $335.61 to $336.38, 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 11,738 shares, became exercisable as to 25% of the shares on each of April 5, 2018, 2019 and 2020 and will become exercisable as to 25% of the shares on April 5, 2021.
F3: The option became exercisable as to 25% of the shares on each of March 23, 2019 and March 23, 2020, and will become exercisable as to 25% of the shares on each of March 23, 2021 and 2022.