EPAM Systems, Inc. — Director's Dealing 2020

Sep 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2020-09-01

Reporting Person: Solomon Lawrence F (SVP & Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-01	EPAM Common Stock	M	4322	$64.63	Acquired	12151	Direct
2020-09-01	EPAM Common Stock	S	4322	$327.94	Disposed	7829	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-01	Employee Stock Option (right to buy)	$64.63	M	4322	Disposed	2026-10-17	EPAM Common Stock (4322.0)	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 $327.82 to $333.74, 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 October 17, 2017, 2018, 2019, and will become exercisable as to 25% on of October 17, 2020.