EPAM Systems, Inc. — Director's Dealing 2020

Mar 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2020-03-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	EPAM Common Stock	M	47	$74.44	Acquired	12051	Direct
2020-03-02	EPAM Common Stock	M	2163	$112.62	Acquired	14214	Direct
2020-03-02	EPAM Common Stock	S	2210	$225	Disposed	12004	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Employee Stock Option (right to buy)	$74.44	M	47	Disposed	2027-04-05	EPAM Common Stock (47.0)	Direct
2020-03-02	Employee Stock Option (right to buy)	$112.62	M	2163	Disposed	2028-03-23	EPAM Common Stock (2163.0)	Direct

Footnotes

F1: 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.

F2: The option became exercisable as to 25% of the shares on March 23, 2019, and will become exercisable as to 25% on each of March 23, 2020, 2021 and 2022.