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: Abrahams Gary C (VP, Corporate Controller, PAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-09	EPAM Common Stock	M	79	$169.13	Acquired	1766	Direct
2021-12-09	EPAM Common Stock	M	78	$175.22	Acquired	1844	Direct
2021-12-09	EPAM Common Stock	S	157	$702.92	Disposed	1687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-09	Employee Stock Option (right to buy)	$169.13	M	79	Disposed	2029-03-29	EPAM Common Stock (79.0)	Direct
2021-12-09	Employee Stock Option (right to buy)	$175.22	M	78	Disposed	2030-03-27	EPAM Common Stock (78.0)	Direct

Footnotes

F1: The option became exercisable as to 25% of the shares on each of March 29, 2020 and 2021, and will become exercisable on each of March 29, 2022 and 2023.

F2: The option became exercisable as to 25% of the shares on March 27, 2021 and will become exercisable on each of March 27, 2022, 2023 and 2024.