EPAM Systems, Inc. — Director's Dealing 2021

Dec 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2021-12-09

Reporting Person: Dvorkin Viktar (SVP/Head of Global Delivery)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-09	EPAM Common Stock	M	6000	$32.08	Acquired	27315	Direct
2021-12-09	EPAM Common Stock	M	6000	$61.38	Acquired	33315	Direct
2021-12-09	EPAM Common Stock	S	12000	$702.09	Disposed	21315	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-09	Employee Stock Option (right to buy)	$32.08	M	6000	Disposed	2024-03-31	EPAM Common Stock (6000.0)	Direct
2021-12-09	Employee Stock Option (right to buy)	$61.38	M	6000	Disposed	2025-03-23	EPAM Common Stock (6000.0)	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 $700 to $705.58 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 each of March 31, 2015, 2016, 2017 and 2018.

F3: The option became exercisable as to 25% of the shares on each of March 23, 2016, 2017, 2018 and 2019.