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EPAM Systems, Inc. Director's Dealing 2020

Nov 12, 2020

30697_dirs_2020-11-12_389a18b7-79c8-43ed-880f-e226f27ff963.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: 2020-11-10

Reporting Person: Fejes Balazs (EVP/Co-Head of Global Business)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-11-10 EPAM Common Stock M 11200 $16.80 Acquired 20583 Direct
2020-11-10 EPAM Common Stock M 16000 $23.36 Acquired 36583 Direct
2020-11-10 EPAM Common Stock M 10000 $32.08 Acquired 46583 Direct
2020-11-10 EPAM Common Stock S 37200 $309.49 Disposed 9383 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-10 Employee Stock Option (right to buy) $16.8 M 11200 Disposed 2022-03-19 EPAM Common Stock (11200.0) Direct
2020-11-10 Employee Stock Option (right to buy) $23.36 M 16000 Disposed 2023-05-29 EPAM Common Stock (16000.0) Direct
2020-11-10 Employee Stock Option (right to buy) $32.08 M 10000 Disposed 2024-03-31 EPAM Common Stock (10000.0) Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.80 to $306.41, 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.

F3: The option, representing a right to purchase a total of 11,200 shares, became exercisable as to 25% of the shares on each of March 19, 2013, 2014, 2015 and 2016.

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

F5: The option, representing a right to purchase a total of 20,000 shares, became exercisable as to 25% of the shares on March 31, 2015, 2016, 2017 and 2018.